Kumar Calls for Targeted Skilled Migration to Boost NZ Economic Growth
Global Finance Founder and Managing Director Ajay Kumar has called for a targeted approach to skilled migration, saying New Zealand has an opportunity to strengthen its economic growth by attracting professionals with expertise that matches the country's long-term workforce needs.
Kumar emphasized that when migration is aligned with genuine workforce needs, it creates opportunities not only for migrants but also for businesses and the wider economy. He believes that combining carefully planned immigration with investment in local talent, education, and productivity will be crucial to New Zealand's future prosperity.
Speaking on the importance of the recently signed New Zealand-India Free Trade Agreement (FTA), Kumar said that skilled migration should focus on addressing critical shortages across sectors including healthcare, engineering, technology, construction, education, and advanced manufacturing. He also emphasized the need for efficient qualification recognition and practical pathways to enable skilled workers to contribute quickly to New Zealand's economy.
Kumar has witnessed firsthand the contribution migrants make to business creation, home ownership, and investment throughout New Zealand during his 25 years in the industry. He believes that attracting internationally qualified professionals who can mitigate NZ skill shortages is essential for sustainable economic growth and improving productivity.