Will India’s Growth Trajectory Position It as a Global Powerhouse? Insights from New Zealand's Former PM
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Synopsis
As India continues to grow, former New Zealand Prime Minister Helen Clark highlights its potential to become a leading global economy. With recent trade agreements and technological advancements, India is set to become a significant player in international trade. Discover how these developments are shaping global commerce.
Key Takeaways
- India's economic growth positions it for global prominence.
- The free trade agreement with New Zealand offers significant opportunities.
- Global trade is evolving beyond US influence.
- Strengthening partnerships can unlock new markets.
- India's engagement in global trade frameworks is crucial for future growth.
New Delhi, Jan 19 (NationPress) The immense scale and rapid economic advancement of India make it increasingly likely that the nation will rise to become one of the globe's leading economies, asserted Helen Clark, the former Prime Minister of New Zealand, on Monday.
In remarks made to IANS during the World Economic Forum in Davos 2026, Clark emphasized that the swift escalation of India's GDP and the vastness of its economy render its ascent on the international stage inevitable.
“India’s strength is evident not only in traditional industries but also in cutting-edge technology, making it a highly appealing partner for international trade,” she noted.
Clark highlighted that New Zealand has recently finalized a free trade agreement with India, sparking considerable enthusiasm back home.
She characterized the agreement as a pivotal opportunity for New Zealand exporters, providing them with enhanced access to India's expansive and rapidly growing market.
“This agreement is extremely significant and is anticipated to rapidly strengthen economic relations between our two nations,” Clark stated.
On the topic of global trade dynamics, Clark remarked that the recent tariff policies from the United States have been disruptive.
Nevertheless, she pointed out that the US represents only around 13% of global trade, leaving the remaining 87% of the world open to seek and solidify alternative trading partnerships.
She underscored the increasing significance of trade alliances beyond the US, mentioning that New Zealand is part of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Furthermore, she mentioned that the European Union has expressed interest in joining the bloc, while the United Kingdom is already a member.
“Stronger connections between such significant markets could pave the way for substantial new trade prospects,” she elaborated.
Clark also expressed her desire to see India more closely integrated with these global trading frameworks in the future.
She emphasized that there exists a vast world of trade beyond the United States and that global commerce continues to adapt despite current challenges.
Point of View
It is clear that India is on a trajectory that not only promises economic growth but also poses new opportunities for global trade partnerships. As the world shifts, aligning with India's growth could be strategic for many nations, including New Zealand.
NationPress
19/01/2026
Frequently Asked Questions
What did Helen Clark say about India's economy?
Helen Clark stated that India's size and rapid economic growth make it likely to become one of the world's largest economies.
What is the significance of the free trade agreement between New Zealand and India?
The free trade agreement is seen as a major opportunity for New Zealand exporters, providing better access to the expanding Indian market.
How does Clark view global trade beyond the US?
Clark noted that while US policies have been disruptive, 87% of global trade is open to exploring alternative trade relationships.
