India–New Zealand FTA decoded: Why the deal is more about services, jobs and mobility than trade volumes-GTRI explains

India and New Zealand have inked a free-trade agreement, aiming for deeper cooperation rather than immediate trade surges, with bilateral flows at $2.1 billion. The pact opens 70% of India’s tariff lines, while New Zealand offers 100% access. Sensitive sectors like dairy remain protected, but provisions for skilled professionals and investment are included.