Gains for broader trade sectors offset limited dairy access, as Fonterra looks to maximise strategic opportunities in India’s complex market

Fonterra acknowledges the swift efforts of Trade and Investment Minister Todd McClay and his team in finalizing the New Zealand–India Free Trade Agreement. While the deal does not open significant new access for New Zealand’s core dairy exports—a reflection of India’s long-standing dairy sensitivities—it advances trade opportunities across other sectors.

These gains are expected to generate measurable benefits for the wider New Zealand economy, reinforcing the country’s strategic position in a complex and competitive regional market. Fonterra remains focused on leveraging the FTA’s provisions relevant to dairy, working closely with the Government to maximise market potential and maintain momentum in one of the world’s most dynamic dairy landscapes.