India-New Zealand FTA to give major boost to exports: Experts

New Delhi, The free trade agreement (FTA) signed between India and New Zealand will give a major boost to domestic exports as it would provide duty-free access to all Indian goods, say experts.

The pact was signed by Commerce Minister Piyush Goyal and visiting New Zealand's Trade and Investment Minister Todd McClay. Gulzar Didwania, Partner, Deloitte India, said the pact sectorally, manufacturing, pharmaceuticals, IT and professional services stand to benefit due to reduced tariffs as well as expanded market access.

"From India's perspective, the investment commitment of USD 20 billion creates investment opportunities in agri technology, food processing, logistics and services through a structured investment facilitation framework," Didwania said.

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