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ITA welcomes NZ PM’s visit to India

Media Release for Immediate Publication

Monday, October 17, 2016

ITA welcomes NZ PM’s visit to India

The growing partnership between India and New Zealand has taken another step with the announcement of Prime Minister John Key’s visit to India from 24-28 October.

Welcoming the announcement, the General Secretary for India Trade Alliance, Sunil Kaushal said, “It is time for New Zealand businesses to take the Indian market seriously. While our common connections of Commonwealth, food, film and cricket are good connectors, we need to stress more on the people to people connect and the doors they can open.” While the world’s third largest economy is growing at a fast pace, the role that New Zealand businesses can play in its growth are enormous. Sectors like biotechnology, healthcare, tourism and robotics are in great demand and New Zealand has skilled expertise in these.

Over the past five years India has become a source of skilled migrants, students and tourists, and trade had grown by 41 percent.

While the FTA talks have been progressing, a refreshing approach needs to be taken as NZ Inc redefines it’s ‘Opening Doors to India’ strategy which was launched five years ago after the first visit of Prime Minister John Key to India.

(Ends)

About ITA:

India Trade Alliance (ITA) is an invitation-only organisation working with stakeholders to establish, build and promote trade, investment, sporting and cultural links between New Zealand and India.

ITA has administrative centres in the Indian cities of Mumbai, New Delhi, Hyderabad, Bangalore and Auckland in New Zealand.

For more information, please visit www.ita.nz

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