Top Minister Narendra Modi on Saturday pitched India as a premier international funding vacation spot, telling trade leaders in New Zealand that the rustic is “no longer only a marketplace, however a launchpad for international expansion”. His remarks got here as the 2 international locations unveiled an bold roadmap to deepen financial and strategic ties following the just lately concluded Unfastened Industry Settlement (FTA).
Addressing the India-New Zealand Trade and Sports activities Engagement tournament, PM Modi mentioned the FTA, signed in a report 9 months, would create recent alternatives for marketplace get admission to, funding, generation, products and services, and ability mobility. He expressed self belief that bilateral business between the 2 international locations would double through 2030, while highlighting New Zealand’s dedication to speculate 20 billion US bucks in India over the following 15 years. He famous that this represents no longer simply funding, however a dedication to be a part of India’s expansion adventure.
On the India-New Zealand trade tournament in Auckland, which I attended with PM Luxon, I advised trade leaders:
India isn’t just a marketplace.
India is a launchpad for international expansion.
In combination, allow us to take this financial partnership to new heights!@chrisluxonmp pic.twitter.com/8M53Lx47zh
— Narendra Modi (@narendramodi) July 11, 2026
Reiterating the truth that India is the quickest rising main financial system on the earth, the Top Minister attributed the expansion components to India’s burgeoning middle-class, digitisation, and construction of infrastructure on a large scale. He added that governance is in response to reform, efficiency, and transformation, offering balance in coverage, politics, and expansion continuity. This, in step with him, explains why India has an unequivocal message for the sector that this can be a release pad for global enlargement and no longer an insignificant marketplace position.
With the exception of this, PM Modi spoke in regards to the probabilities of cooperation within the box of city construction through declaring that there are greater than 8,000 initiatives ongoing at this time within the 100 towns underneath the Sensible Towns Challenge. New Zealand was once known as upon through the Top Minister to cooperate within the box of city mobility, water, and waste control. Talking to the Maori businessmen, the Top Minister discussed that the values of civilisation in India and the traditions of Maori other folks have a identical working out of nature and sustainability.
Those observations came about in opposition to the backdrop of a brand new strategic partnership between India and New Zealand. The 2 international locations issued 18 paperwork because of the summit held in Auckland, which consisted of 10 Memorandums of Working out (MoUs) and 8 different important bulletins relating to protection, maritime safety, counterterrorism, crisis control, tourism, agriculture, sports activities, schooling, and tradition.
One of the most essential agreements signed come with the ones on maritime cooperation, hydrography, mutual logistic toughen between the Indian military and the New Zealand defence power, and formation of a joint operating staff for counter-terrorism. Along with those, different agreements that have been signed come with crisis control, animal husbandry and dairy farming, tourism, sports activities cooperation, maritime heritage, and cultural exchanges.
The bulletins incorporated a goal to double bilateral business to 7 billion New Zealand bucks through 2030, the release of a Maritime Safety Discussion, New Zealand becoming a member of the maritime safety pillar of the Indo-Pacific Oceans Initiative (IPOI), and its determination to turn out to be a member of the World Biofuels Alliance. Moreover, the 2 international locations introduced a Kiwifruit Motion Plan, introduced two Centres of Excellence for kiwifruit in Nagaland and Uttarakhand, and signed agreements to beef up cooperation in Antarctic analysis and meals generation schooling.
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