India and New Zealand Forge Stronger Relations: Free Trade Agreement, $20 Billion Investment, and a Vision for 2030

India and New Zealand Forge Stronger Relations: Free Trade Agreement, $20 Billion Investment, and a Vision for 2030
By CNBCTV18.com July 11, 2026, 12:04:54 PM IST (Published)

Prime Minister Narendra Modi’s trip to New Zealand — the first by an Indian PM in four decades — has paved the way for a significant enhancement in bilateral re…

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1. First Indian PM visit to New Zealand in 40 years: PM Modi’s visit on July 10-11, invited by PM Christopher Luxon, marks the first Indian Prime Minister’s trip to New Zealand in four decades. (Image: PMO)

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2. A trade deal closed in just nine months: India and New Zealand finalized their Free Trade Agreement in a record span of nine months, which PM Modi states will unlock new avenues in market access, investment, services, and technology. (Image: X/Narendra Modi)

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3. A goal to double bilateral trade by 2030: While addressing the Business and Sports Engagement event in Auckland, PM Modi expressed confidence that the two countries would double bilateral trade by 2030, supported by the newly established FTA. (Image: X/Narendra Modi)

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4. A four-year blueprint across six sectors: Both nations have adopted the India-New Zealand Strategic Partnership: Roadmap to 2030, highlighting increased collaboration in trade, agriculture, security, innovation, and people-to-people exchanges through 2030. (Image: X/Narendra Modi)

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5. The numbers behind the roadmap: Under the roadmap’s trade and economic framework, both nations have set an ambitious target to double bilateral trade in goods and services to NZD 7 billion — approximately ₹35,000 crore — by 2030. (Image: X/Narendra Modi)

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6. A warm welcome from the Indian diaspora: PM Modi engaged with members of the Indian community in New Zealand, showcasing the robust people-to-people connections that the new Roadmap to 2030 aims to strengthen. (Image: PMO)

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7. “I carry the aspirations of 1.4 billion Indians”: PM Modi conveyed to New Zealand’s business community that he arrived with the hopes of 1.4 billion Indians, commending the nation’s innovation and entrepreneurial spirit. (Image: X/Narendra Modi)

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