PM Modi Invites New Zealand Businesses to Invest in India
Prime Minister highlights FTA opportunities, urges stronger partnerships in infrastructure, innovation and clean energy
GG News Bureau
Auckland, 11th July: Prime Minister Narendra Modi, along with New Zealand Prime Minister Christopher Luxon, on Saturday interacted with a select group of CEOs and business leaders, urging them to expand investment and commercial partnerships as India and New Zealand seek to deepen economic engagement.
Addressing the gathering, Prime Minister Modi said India and New Zealand are united by shared democratic values, respect for the rule of law, diversity and a common commitment to sustainable development, creating a strong foundation for a forward-looking economic partnership.
He described the India-New Zealand Free Trade Agreement (FTA) as a landmark initiative that would deepen bilateral economic ties and create new opportunities in market access, investment, services, technology and talent mobility.
Highlighting India’s strong economic fundamentals, Modi said sustained high growth, a young and skilled workforce, an expanding middle class, rapid digital transformation, world-class infrastructure development and continuing economic reforms have positioned India as a major contributor to global growth.
The Prime Minister invited New Zealand investors and companies to participate in India’s infrastructure development, civil aviation, logistics, clean energy, urban mobility, water management, waste management and digital economy sectors.
He also stressed the importance of strengthening collaboration between the private sectors of both countries in innovation, fintech and emerging technologies, noting that India’s vibrant startup ecosystem offers immense opportunities for global partnerships.
Referring to New Zealand’s expertise in dairy science, horticulture and forestry, Modi said these strengths, combined with India’s vast consumer market, food parks and agri-tech talent, could help build globally competitive food value chains.
Calling for greater business engagement, the Prime Minister encouraged companies from both countries to help achieve the shared goal of doubling bilateral trade to NZD 7 billion (approximately ₹35,000 crore) by 2030.
He said the India-New Zealand economic partnership has the potential to become a global model for inclusive and sustainable trade while serving as a platform for innovation, investment and shared prosperity.
