Union Minister Piyush Goyal recalls humorous incident of being fined for overspeeding during his visit to New Zealand

Auckland, November 5, 2025 (Wednesday) —
In a lighthearted moment that drew laughter from delegates at the India–New Zealand Business Forum, Union Commerce and Industry Minister Piyush Goyal shared a personal anecdote about receiving a speeding fine during a previous visit to New Zealand — an incident he says ultimately convinced him to give up driving altogether.

Speaking before business leaders and policymakers gathered to explore trade and investment opportunities between the two nations, Goyal humorously recounted that he was fined for overspeeding on a New Zealand highway several years ago. The minister quipped, “That was the last time I drove a car.” The story quickly became a viral talking point across social media platforms, with attendees praising Goyal’s candour and sense of humour.

A Lighter Note Amid Serious Dialogue

Goyal’s remark came during a session focused on strengthening bilateral trade, enhancing logistics, and boosting mutual investment across sectors such as technology, agriculture, and renewable energy. His brief detour into the personal story served as an icebreaker before transitioning to discussions on how both countries could deepen cooperation.

The Union Minister emphasized India’s growing global stature as a manufacturing and services hub, encouraging New Zealand businesses to explore joint ventures, especially in areas of clean energy, education exchange, and food processing. He noted that India’s robust economic growth, coupled with its young demographic profile, made it an ideal destination for long-term partnerships.

Bilateral Trade on the Rise

India and New Zealand have been working to expand economic engagement under the umbrella of the Comprehensive Economic Partnership Agreement (CEPA). While trade volumes remain modest compared to other Indo-Pacific partners, both sides have expressed optimism about accelerating progress through sector-specific collaborations.

According to official data, bilateral trade between India and New Zealand currently hovers around USD 2 billion annually, with room for significant expansion in areas like dairy products, information technology, tourism, and education services.

Goyal’s Focus on “Trust and Transparency”

Goyal reiterated India’s commitment to establishing a predictable and transparent trade environment, assuring investors that the government’s reforms are designed to simplify regulatory frameworks and enhance ease of doing business.

He said, “Our goal is to create an atmosphere where trade is not just about goods and services but about trust, transparency, and shared prosperity.”

The minister also encouraged Indian businesses to explore investment opportunities in New Zealand, highlighting its innovation-driven economy and world-class agricultural technology.

The Audience Reaction

Goyal’s personal admission about his “speeding fine fiasco” drew warm laughter and applause from the audience, setting a relaxed tone for the otherwise formal proceedings. Many participants later commented that the moment humanized the often-serious atmosphere of international trade conferences.

A senior business delegate from Auckland said, “It was refreshing to see a minister so open and relatable — it made everyone feel more connected.”

Strengthening Indo-Pacific Partnerships

Beyond the lighter moments, Goyal reaffirmed India’s strategic approach to the Indo-Pacific region — positioning economic cooperation as a foundation for peace and stability. He stressed that India’s engagement with New Zealand reflects its broader vision of fostering resilient, inclusive supply chains across the Indo-Pacific.

He concluded his speech by inviting New Zealand entrepreneurs to “become part of India’s growth story,” noting that initiatives like Make in India, Startup India, and PM Gati Shakti present new avenues for collaboration and innovation.

The session ended on a high note, with both sides agreeing to continue dialogues through business councils and bilateral working groups.

Goyal’s humorous confession about his last driving experience may have stolen the spotlight, but his central message was clear — India’s doors remain open for transparent, mutually beneficial partnerships built on trust and long-term vision.

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