India-New Zealand FTA Is Ratified - Market Access Is Not a Supply Chain

India and New Zealand completed ratification of their Free Trade Agreement on 21 September 2026, with entry into force set for 20 October 2026. From that date 100% of India's exports to New Zealand become duty-free, removing peak New Zealand tariffs of up to 10% on textiles, leather, footwear, gems and jewellery, engineering goods and processed foods. Tariff elimination is a market-access event - not, by itself, an industrial-capability one.