Opportunities for Growth
Business between New Zealand and India has reached nearly $87 million in the past two years, with India now New Zealand’s 1th largest market. Coal has led the list of trade items with India in recent years and dairy products and fruit have recently become significant business items. Director of ANZ Wine Limited Sunny Kaushal said there has been an increase in interest in the Indian market among New Zealand’s companies. “India is a fast growing economy of more than 1.1 billion people. There are great opportunities for growth in trade between two countries and so an FTA (free trade agreement) would be a valuable platform to build that trade,” Kaushal said.