As the 2024 ‘word of the year’, the term has become a significant aspect of the modern world
The Free Trade Agreement with New Zealand reflects India’s evolving trade diplomacy strategy India concluded a Free Trade Agreement (FTA) with New Zealand DATE OF STATRT in December 2025, at a time marked by fractured supply chains and rising protectionist tendencies among nations. Guided by the vision of “Viksit Bharat”, India has recalibrated its foreign trade policy, transitioning from a cautious, tariff-focused negotiator to a strategic, high-velocity partner. Viksit Bharat (Developed India) 2047 is the Government of India's comprehensive vision to transform the nation into a fully developed, self-reliant, and prosperous country by its 100th anniversary of independence in 2047 . It focuses on economic growth, sustainable infrastructure, social inclusion, and good governance, with an aim to achieve a USD 30–40 trillion economy. There are six key wins for India in this FTA, as it aligns with the Viksit Bharat blueprint for trade policy based on ...
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