India–New Zealand FTA Talks Make Strong Progress in Fourth Round

10 Nov 2025 CW Team

The fourth round of negotiations on the India–New Zealand Free Trade Agreement (FTA) concluded successfully in Auckland and Rotorua after five days of constructive discussions between the two sides.

Union Minister of Commerce and Industry, Piyush Goyal, and New Zealand’s Minister for Trade, Todd McClay, commended the steady progress made during this round and reiterated their commitment to a modern, comprehensive, and future-ready FTA.

Delegations from both countries engaged across key areas such as trade in goods, trade in services, economic cooperation, and rules of origin. The discussions reflected the shared ambition to strengthen economic ties and create a partnership fostering resilient, inclusive, and sustainable growth.

Guided by Prime Minister Narendra Modi’s vision, India remains committed to deepening economic partnerships that promote global prosperity and strengthen supply chains. The proposed FTA aims to enhance trade flows, deepen investment linkages, and provide greater predictability and market access for businesses in both nations.

India’s bilateral merchandise trade with New Zealand reached USD 1.3 billion in FY 2024–25, growing by nearly 49 per cent year-on-year. The agreement is expected to further unlock potential in sectors such as agriculture, food processing, renewable energy, pharmaceuticals, education, and services.

Both sides agreed to maintain momentum through inter-sessional work and continue detailed discussions across all chapters to achieve an early, balanced, and mutually beneficial conclusion to the India–New Zealand Free Trade Agreement.

Infrastructure Urban

08 Apr 2026

UniAcoustic, Vicoustic Form UniVicoustic Alliance

UniAcoustic, part of United Group, has acquired a strategic stake in Portugal-based Vicoustic, forming a new alliance branded as UniVicoustic. The agreement, signed in Mumbai, marks a significant cross-border partnership aligned with evolving India–EU trade dynamics.The collaboration brings together Vicoustic’s global expertise in architectural acoustic products with UniAcoustic’s manufacturing scale and distribution capabilities. The combined platform aims to expand market reach, integrate technology and optimise supply chains across key regions.The development comes amid progress in th..

Dalmia Bharat, Delhi PWD Revamp Under-Flyover Spaces

Dalmia Bharat has partnered with the Public Works Department (PWD), Government of Delhi, to redevelop select under-flyover spaces and a road stretch into sustainable urban hubs. The agreement covers key locations including Lodhi Flyover, Oberoi Flyover, Mangi Bridge and Hanuman Setu.Under the initiative, the company will undertake design, landscaping, plantation and long-term maintenance of the sites, with a defined upkeep period of three years after completion. The project aims to improve urban aesthetics while promoting environmental sustainability and biodiversity restoration in high-densit..

Versigent Debuts as Independent NYSE-Listed Company

Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.Versigent reported revenues of $8.8 billion, net inco..