Prime Minister Chris Hipkins has laid out a five-point economic strategy for Labour's third term in Government- if the party's re-elected.

Hipkins promised he'll lead a delegation to India to foster relations and eventually establish a trade deal.

$100 million will also be spent on Venture Capital Fund for investment in agri-tech, to encourage innovation.

ZB senior political correspondent Barry Soper says this Government has ignored India as a trade partner- until the election came around.

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