PM Luxon: We'll Double Trade with India by 2030

New Zealand Prime Minister Christopher Luxon has announced a major milestone in bilateral ties, revealing that New Zealand and India have agreed on a new deal to strengthen their partnership and significantly expand trade.

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Sharing the development on social media during Prime Minister Narendra Modi's visit, Luxon said the two nations had elevated their relationship to a Strategic Partnership, building on the recently concluded Free Trade Agreement (FTA).

New Zealand and India have agreed a new deal that builds on our free trade agreement.

With Prime Minister @narendramodi here in New Zealand, we’ve lifted our relationship to a Strategic Partnership, with a plan to double trade between our countries by 2030 – meaning more money… pic.twitter.com/r1JS2VUXCh

— Christopher Luxon (@chrisluxonmp) July 12, 2026

The agreement sets an ambitious target of doubling bilateral trade by 2030, with both leaders aiming to unlock new economic opportunities, strengthen business ties and deepen cooperation across key sectors.
Highlighting the benefits for New Zealand, Luxon said increased trade with India would bring more investment into Kiwi communities, create new jobs and help boost wages.

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"New Zealand and India have agreed a new deal that builds on our free trade agreement. We've lifted our relationship to a Strategic Partnership, with a plan to double trade between our countries by 2030 – meaning more money flowing back into Kiwi communities, creating jobs and boosting wages here at home," Luxon wrote.

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The announcement marks another significant outcome of Prime Minister Narendra Modi's visit to New Zealand, underscoring both countries' commitment to expanding economic cooperation and strengthening their long-term strategic partnership.