India and New Zealand are set to sign their Free Trade Agreement on Monday, April 27, after negotiations wrapped up last year. The deal is designed to sharply lift bilateral commerce, with both sides aiming to double trade to $5 billion within five years. It is also expected to provide tariff-free access for Indian goods, reshaping market access quickly.
Sula’s growth is slowing as investors lose confidence, but the real threat is price pressure. Cheaper European wine is gaining traction after the new FTA framework, forcing the Nashik winemaker to defend margins and market share. The stock story has shifted from a domestic success narrative to a challenge against imports that are undercutting its pricing power.
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