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PM Modi: India Is a Launchpad for Global Growth

By Editorial Team
PM Modi: India Is a Launchpad for Global Growth

Auckland: Prime Minister Narendra Modi addressed the India–New Zealand Business Event in Auckland, calling on global investors to partner with India as the two countries elevated their relationship to a Strategic Partnership and celebrated the conclusion of a landmark Free Trade Agreement (FTA).

Welcoming business leaders from both nations, PM Modi said the moment marked a defining chapter in India–New Zealand relations. He thanked New Zealand Prime Minister Christopher Luxon for his strong commitment to strengthening bilateral ties and said he brought with him the aspirations of 1.4 billion Indians.

Highlighting the significance of the newly signed FTA, PM Modi noted that the agreement was concluded in a record nine months, creating fresh opportunities in market access, investment, services, technology, and talent mobility. He expressed confidence that both countries would work together to double bilateral trade by 2030.

Projecting India's economic strength, the Prime Minister described the country as the world's fastest-growing major economy, driven by a rapidly expanding middle class, digital transformation, infrastructure development, and stable governance.

"India is not just a market, India is a launchpad for global growth," PM Modi declared, inviting New Zealand businesses to become partners in India's next phase of development.

The Prime Minister also highlighted opportunities under India's Smart Cities Mission, which includes more than 8,000 projects across 100 cities, and invited collaboration in urban mobility, water management, and waste management.

Recognising the contribution of Māori business leaders, PM Modi said India's civilisational values and Māori traditions share a deep respect for nature, community, and sustainability. He added that the India–New Zealand FTA includes dedicated opportunities for Māori businesses, paving the way for a more inclusive and sustainable trade partnership.

The address concluded with a strong call for deeper economic engagement, innovation, and long-term investment, positioning India and New Zealand as trusted partners in shaping a resilient and prosperous future.

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