I had the honor of attending the prestigious inauguration of the New Zealand Bharat Chamber of Commerce and Industry (NZBCCI) on 21 September 2024. The event was graced by Deputy Prime Minister Honorable Winston Peters and High Commissioner of India, Her Excellency Ms. Neeta Bhushan. It was an incredible experience to be part of an initiative that aims to strengthen trade, investment, and commercial ties between New Zealand and India.
India, with a GDP of $3.9 trillion, is set to become the third-largest economy with a $5 trillion target by 2027. Despite deep-rooted relationships, India is currently New Zealand's 12th largest trading partner—an opportunity we need to elevate. The formation of NZBCCI is a pivotal step towards reshaping this relationship, going beyond trade and exploring possibilities in renewable energy, supply chains, and even direct air links between the two countries.
With India’s economic growth and an expanding middle class of over 500 million people, the potential for businesses to engage and invest in India is immense.
I am excited about the future opportunities that this partnership holds for businesses in both countries. Now is the time to #investinindia and build lasting partnerships.
It was humbling to be surrounded by so many inspiring leaders, including NZBCCI Chairman (and former NZ First MP) Mahesh Bindra and the incredible Ranjna Patel, who has shaped New Zealand's business and health sectors.
As a young professional in New Zealand's Indian business community, I am both excited and optimistic about the future of India-NZ relations. Under the mentorship of my father and other inspiring leaders, I look forward to seeing how my generation can contribute to this growing relationship that aims to strengthen trade, investment, and commercial ties between our two nations.
Read more about the event here: https://lnkd.in/gDQkBVnN
#NZIndiaTrade #InvestInIndia #EconomicGrowth #TradeRelations #BusinessExpansion #NZBCCI
Mayor of Christchurch
2wThanks for having me - an insightful event.