1.   

India's wheat exports may rise by 23% to 8 mn tonne this yr

India's wheat exports are likely to grow by 23 percent to 8 million tonne in the marketing year starting April due to strong global prices and surplus domestic supply, according to a report. Ban on wheat exports was lifted in September 2011, but shipments took off strongly only after August 2012. "Assuming continued exports of wheat from government stocks and export price parity for Indian wheat vis-à-vis other origins, wheat exports during 2013-14 marketing year are forecast to increase to 8 million tonne," the US Department of Agriculture (USDA) said in its latest report.

2.   

India, ASEAN nations striving to achieve trade target of US$ 100 bn. by 2015: Salman Khurshid

Emboldened by a strong growth in India-ASEAN trade (37% in 2011-12) and armed with a Free Trade Agreement (FTA) in trade, investment and services, India and ASEAN countries are now striving hard to achieve a two-way trade target of US$ 100 billion by 2015. This was stated here today by Mr. Salman Khurshid, Union Minister for External Affairs, while delivering the keynote address at the inaugural function of Delhi Dialogue V on ‘India-ASEAN: Vision for Partnership and Prosperity’.

3.   

Trade volume between UK, India set to double by 2015

Despite the prevailing uncertain global economic conditions, trade volume between Britain and India is set to double by 2015 and is "on track" to achieve it, a top UK diplomat said here on Thursday. "Yes, we are on track. We want to double it by 2015. I think it is about 23 billion pounds..", British Deputy High Commissioner Mike Nithavrianakis told PTI on the sidelines of a conference.

4.   

Grape exports turn sweet as realisation rises

The exports of fresh grapes are off to a good start for the 2013 season on strong demand from traditional markets in the European Union. Shipments to European Union, so far, have almost doubled to over 3,755 tonnes against corresponding last year’s 1,906 tonnes, according to data from GrapeNet under the Agricultural and Processed Foods Exports Development Authority (Apeda). GrapeNet is an online pesticide residue traceability software system for monitoring fresh grape exports from the Indian farms to the retail shelves in the EU.