India-New Zealand FTA: Tariff quota for NZ fruits and trade target

• India to allow 35,000 tonnes of imported apples from New Zealand at a 25% duty in 2027.
• Kiwifruit imports will qualify for zero customs duty under the tariff rate quota, subject to a minimum CIF value of $1.80 per kg.
• The India-New Zealand Free Trade Agreement will come into effect on October 20.
• India aims to double bilateral trade with New Zealand to NZD 7 billion by 2030.
• New Zealand exported nearly NZ$2.03 billion worth of goods and services to India in 2025.