New Zealand firm Valocity secures biggest-ever deal on day one of India FTA: PM Luxon
Auckland-based property technology company Valocity has secured the biggest deal in its history on the first day of the India-New Zealand Free Trade Agreement (FTA), New Zealand Prime Minister Christopher Luxon said. Highlighting the agreement's potential to boost business opportunities, Luxon said the trade pact would help New Zealand companies expand overseas while creating jobs and raising…
New Zealand property technology firm Valocity secured its largest deal ever on the inaugural day of the India-New Zealand Free Trade Agreement (FTA), according to Prime Minister Christopher Luxon. The achievement underscores the potential for New Zealand businesses to capitalize on expanded international market access under the trade pact, according to Luxon, who highlighted the development on X. "When Kiwi businesses win overseas, Kiwis win at home," Luxon emphasized, congratulating the Valocity team on their accomplishment.
The announcement reflects the agreement's potential to open new commercial opportunities and generate jobs and higher incomes in New Zealand as trade ties with India strengthen. Valocity, based in Auckland, operates in the property technology sector but the specifics of the deal, such as its financial value, client, and the market it pertains to, were not disclosed.
The India-New Zealand FTA, which is now in effect, aims to boost economic engagement and create business prospects for domestic firms through enhanced trade relations.
Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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