Union Commerce & Industry Minister Shri Piyush Goyal is on an official visit to New Zealand to strengthen economic cooperation and advance the ongoing India–New Zealand Free Trade Agreement (FTA) discussions. The 4th round of FTA negotiations is being held in Auckland from November 3–7, 2025.

At the India–New Zealand Business Forum, organised by the Auckland Business Chamber, Minister Goyal participated in a fireside chat with New Zealand’s Trade Minister Hon. Todd McClay, moderated by Simon Bridges, CEO of the Chamber. He highlighted the recent meeting between Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon as a key turning point in revitalising bilateral relations.

Goyal urged both countries to explore new areas of collaboration in sectors such as maritime, forestry, sports, education, technology and tourism. He noted that this is the largest-ever Indian business delegation to visit New Zealand, reflecting India’s growing global confidence and the vision of Viksit Bharat.

On the FTA talks, the Minister said negotiations are progressing with mutual respect and focus on balanced outcomes. He emphasised that New Zealand would gain access to India’s large and fast-growing market, while India can benefit from New Zealand’s specialised expertise. He also praised the Indian diaspora for its contribution to New Zealand’s economy and cultural ties.

At a community event in Auckland, attended by PM Christopher Luxon, Goyal expressed gratitude and spoke about the shared values connecting both nations. He encouraged the Indian community to honour both their Janmabhoomi (land of birth) and Karambhoomi (land of work), and envisioned more “Successful Kiwi–Bharat Stories” ahead.

PM Luxon reaffirmed New Zealand’s support for India’s rise as a global economic power, noting that India is on track to become the world’s third-largest economy. He described the Indian diaspora as a “bridge” strengthening the relationship.

Later, during a session titled Tea with Indian Business Delegation, Goyal interacted with Indian industry leaders, discussing opportunities in agriculture, food processing, forestry, technology and innovation. Business delegates praised India’s progressive policies such as PLI schemes and Startup India, which have empowered Indian companies to expand internationally.

Goyal encouraged businesses to stay resilient and innovative, saying that entrepreneurship and idea-driven growth will further deepen India–New Zealand economic ties.