India and New Zealand have signed a free trade agreement (FTA) that grants 100% duty-free access for Indian exports, marking a significant milestone in their economic relationship. Union Commerce and Industry Minister Piyush Goyal described the agreement as India's first women-led FTA and highlighted its potential to open up opportunities for MSMEs, farmers, women, youth, and professionals. The FTA covers all tariff lines and is expected to enhance competitiveness in key sectors such as textiles, leather, and processed foods, which previously faced tariffs of up to 10%. Additionally, the agreement includes a commitment to facilitate $20 billion in investment into India, ensuring robust economic outcomes. The provisions also safeguard domestic interests through tariff-rate quotas, particularly benefiting Indian farmers and practitioners in wellness services. This agreement is seen as a step towards strengthening bilateral trade ties and fostering mutual growth.