India’s Commerce and Industry Minister Piyush Goyal is visiting New Zealand to strengthen economic ties between the two nations. During this trip, the fourth round of the India-New Zealand Free Trade Agreement (FTA) negotiations is happening in Auckland, from November 3 to 7, 2025.
At a recent business forum in Auckland, Minister Goyal emphasized that this visit marks the first time a large delegation from India is engaging with New Zealand businesses. He noted the potential for collaboration in various sectors such as technology, education, and tourism.
Goyal shared insights from a recent meeting between Indian Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon. This meeting has sparked a renewed focus on their partnership. He pointed out that while India can offer a vast market for New Zealand, the latter has valuable technological expertise that India can leverage. This mutual benefit can enhance both economies significantly.
The importance of the Indian community in New Zealand was also highlighted. Goyal acknowledged their role in strengthening economic and cultural ties. His message at the Mahatma Gandhi Centre in Auckland encouraged Indians living abroad to embrace their roots while contributing to their new home.
In a discussion with business leaders, Goyal encouraged Indian companies to remain bold and persistent in their entrepreneurial spirit. He praised India’s ongoing reforms, like the Production Linked Incentive Schemes, which support businesses in expanding globally.
This visit comes at a time when India is emerging as a potential global economic powerhouse. According to the International Monetary Fund, India is projected to become the world’s third-largest economy by 2027, underscoring the importance of these international partnerships.
In summary, the discussions between India and New Zealand focus on creating “Successful Kiwi-Bharat Stories.” Both countries are eager to explore innovative avenues for cooperation that can drive growth and deepen their partnership.
For further details, you can check the official release from India’s Ministry of Commerce and Industry [here](https://www.industry.gov.in/). This source provides more context and insights on ongoing efforts to enhance economic relations.
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Piyush Goyal, official visit, New Zealand, bilateral economic relations, trade relations, Ministry of Commerce & Industry, FTA negotiations, Auckland
