Per capita availability of fruits and vegetables has increased by 7 kg and 12 kg, respectively, over the past ten years, according to State Bank of India (SBI) report.

India and the EU are working towards a balanced, ambitious, comprehensive and mutually beneficial free trade agreement (FTA) and the talks need political directions to reach a commercially meaningful deal while understanding each other's sensitivities, the government said Thursday.

India is both a leading producer and exporter of agri-food products as well as the world’s sixth largest food and grocery market. Agriculture in general, therefore, and agri-food products in particular, is key to India achieving high inclusive growth as well, generating employment and attracting investment. 

India's exports to the United States have shown a consistent upward trend, valued at USD 77.5 billion in FY24, marking a growth rate of 10.3 per cent compounded annually (CAGR) over the last 30 years, according to a report by Bank of Baroda.

Rice inventories in India surged to a record high at the start of December, reaching more than five times the government's target and potentially boosting overseas shipments from the world's biggest exporter of the staple food.

India and Portugal expressed their desire for collaboration in areas like IT, startups and innovation, renewable energy, green hydrogen, migration and mobility of youth, skilled workers, and professionals.

India should not be overly concerned about imports as long as exports' share continues to grow, Commerce Secretary Sunil Barthwal said on Thursday. He also said the world needs to avoid protectionism which creates more trade barriers and hinders movement of goods.

Union Minister of Commerce and Industry Piyush Goyal reaffirmed India's commitment to forging a balanced, ambitious, and mutually beneficial Free Trade Agreement (FTA) with the European Union (EU) during an interaction with Ambassadors from the European Commission delegation and member states.