Shillong: Prime Minister Narendra Modi pressed New Zealand business leaders to pour money into India on Saturday. He wants them to target infrastructure, aviation, logistics, clean energy, and the digital economy. The goal is simple. Double bilateral trade to 7 billion New Zealand dollars by 2030.
Modi highlighted India’s booming startup scene during his talk in Auckland. He asked private firms in both nations to link up on fintech and tech innovation. He sees a massive opportunity for synergy between New Zealand’s expertise in dairy, forestry, and horticulture and India’s growing agri-tech sector.
New Zealand Prime Minister Christopher Luxon watched as the two leaders touted their shared democratic values. Modi called the India-New Zealand Free Trade Agreement a landmark deal. He claimed it would add depth and dynamism to their economic ties. "India and New Zealand are bound by shared democratic values, respect for the rule of law, diversity, and a common commitment to sustainable development, providing a strong foundation for an ambitious and forward-looking economic partnership," Modi said.
India remains a magnet for global capital. The nation offers a young workforce and rapid economic reforms. Modi pointed to the expanding middle class as a key driver for long-term growth. He expects these partnerships to create a model for sustainable trade across the globe.
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