"Huge growth story": India FTA may have greater benefits than expected - report
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Some think the India Free Trade Agreement will produce more benefits than even the Government expects.
The agreement is moving through Parliament, before it's ratified.
The International Business Forum and Westpac have released new research on how the deal will contribute to value.
Forum Executive Director Felicity Roxburgh says it shows Government forecasts of 0.1% GDP growth in the next decade undersell the benefits.
She told Mike Hosking they can't put a good number on it, but India is on track to be the world's third largest economy by the end of the decade.
Roxburgh says their middle class will exceed the entire population of the EU or ASEAN, so it's a big opportunity for New Zealand.
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