New Zealand Winegrowers says it welcomes yesterday’s announcement that the New Zealand Government has concluded negotiations on a Free Trade Agreement (FTA) with India, with the Agreement expected to be signed in the first half of 2026.
“This FTA is a significant step toward unlocking one of the world’s largest and fastest‑growing consumer markets,” says Philip Gregan, Chief Executive Officer of New Zealand Winegrowers.
“The phased reduction of India’s wine tariffs and the inclusion of a Most Favoured Nations (MFN) is a signal that the Indian market is opening up; this will encourage wineries to build their involvement in the India market over the coming decade.”
Under the FTA, India’s tariffs on wine will be reduced from 150% to either 25 or 50% (depending on the value of the wine) over 10 years.
In addition, wine will receive MFN treatment, meaning any future FTA that India concludes with another country on more favourable wine tariffs will automatically be extended to New Zealand wine.
New Zealand Winegrowers says it views the FTA as positive news for the industry. Wineries will be able to plan with confidence around a clear, decade‑long tariff reduction pathway.
While current exports to India are very modest, just under NZ$300,000 (FOB) in 2025 due to the very high tariffs, improved market access under the FTA is expected to make India increasingly attractive to New Zealand wine exporters over the coming years.
Around the world, New Zealand is renowned for its premium, distinctive and sustainable wine. This reputation gives our producers a compelling point of difference as they engage India’s affluent, city‑dwelling consumers.
“We thank Ministers and officials for their work in concluding this FTA at a time when diversifying export markets will support increased growth for New Zealand wine,” says Gregan.
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