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Duty-free from today: India's farmers and smallest businesses get a new door into New Zealand

On Tuesday, India's free trade agreement with New Zealand came into force, and its design says a lot about who it is for: 100 per cent of Indian exports now enter New Zealand duty-free, opening wider markets for farmers selling fruit, vegetables and spices, for small and medium businesses, and for women- and youth-led enterprises — while dairy, the sector Indian farmers most feared for, stays fully protected. Commerce Minister Piyush Goyal marked the day with a small, telling symbol: the first-ever 'Made in India' JCB machine, built in Pune, flagged off for export to New Zealand. The pact also sets the stage for up to $20 billion in New Zealand investment into India across agriculture, manufacturing, infrastructure and startups.

The upbeat factora trade deal written around its smallest sellers — farmers and family businesses first, sensitivities protected.
✓ Verified · IANS · 2026-10-20 · India
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