India–New Zealand FTA Talks Advance in Queenstown

22 Sep 2025 CW Team

The third round of negotiations for the India–New Zealand Free Trade Agreement (FTA) concluded successfully on 19 September 2025 in Queenstown, New Zealand. The discussions reaffirmed both nations’ commitment to enhance economic ties and work towards the early conclusion of a balanced, mutually beneficial agreement.

Guided by the vision of Prime Minister Shri Narendra Modi and Right Hon. Christopher Luxon, Prime Minister of New Zealand, the talks reflected a shared resolve to deepen bilateral trade, investment, and economic cooperation. The FTA was formally launched on 16 March 2025, during a meeting between Union Minister of Commerce and Industry, Shri Piyush Goyal, and New Zealand’s Minister for Trade and Investment, Mr Todd McClay.

Held from 15–19 September 2025, the third round saw constructive discussions across all chapters of the agreement. Several chapters were concluded, and significant progress was made in other key areas.

India’s bilateral merchandise trade with New Zealand reached USD 1.3 billion in FY 2024–25, marking a 49 per cent growth over the previous year. The proposed FTA is expected to further boost trade flows, promote investment linkages, enhance supply chain resilience, and provide a predictable framework for businesses in both countries.

Both sides agreed to maintain momentum through inter-sessional engagements, with the next round of in-person negotiations scheduled in New Delhi on 13–14 October 2025.

Resources

21 Nov 2025

Hindustan Zinc, RIICO Advance Plans for Proposed Zinc Park

Hindustan Zinc, in collaboration with the Rajasthan State Industrial Development & Investment Corporation (RIICO), held a stakeholder consultation workshop in Jaipur to advance the proposed Zinc Park, the world’s first dedicated industrial ecosystem for zinc, lead, silver, and allied metals. The initiative aims to position Rajasthan as a global hub for metals innovation and manufacturing. The workshop brought together policymakers, industrial leaders, MSMEs, technology partners, and prospective investors to refine the park’s infrastructure blueprint, policy framework, and sectoral..

ANAROCK Unveils AI Platform to Transform Housing Sales

ANAROCK has recently launched ANAROCK.AI, an advanced residential sales platform integrating generative and predictive AI to accelerate property transactions and strengthen customer engagement. Built on eight years of proprietary data covering seven million enquiries and 90,000 unit sales, the platform uses machine learning to identify high-intent buyers, revive dormant leads, and enhance channel partner performance. The suite comprises nine tools across three segments—Genie Suite for 24/7 conversational engagement; Astra Suite for predictive lead scoring, sales revival and team optimisatio..

Tsuyo, Karnataka Ink LOI for EV Powertrain Facility

Tsuyo Manufacturing has recently signed a Letter of Intent with the Government of Karnataka to set up an advanced EV powertrain manufacturing facility and a dedicated testing track for commercial vehicles. The agreement was formalised at the Bengaluru Tech Summit 2025 in the presence of senior state officials and company leadership. The proposed plant will produce a wide range of powertrain solutions, including electric motors across multiple topologies, e-drives, e-axles, automatic transmissions, integrated systems, and complete powertrain assemblies for heavy commercial EVs. It will also fe..