India’s export performance has witnessed significant growth over the past decade, underscoring the increasing credibility and demand for Indian products in the global market. Union Minister of Commerce and Industry Piyush Goyal, responding to a parliamentary query highlighted that India’s total exports surged to approximately $778 billion in 2023-24, compared to $466 billion in 2013-14—a growth of nearly 67 per cent.  During this period, India’s share in world merchandise exports also improved from 1.66 per cent to 1.81 per cent, with the country advancing in rankings from 20th to 17th position.

Shri Piyush Goyal, Honourable Minister of Commerce and Industry, Government of India will hold an interactive meeting with the Norwegian industry delegation led by H E Ms May-Elin Stener, Ambassador of Norway to India during the India - Norway Business Roundtable to be held on Sunday, 08 December 2024, at Mumbai.

Estonia is, of course, a cyber security giant. That, Egovernance systems and robotics apart, this country of 1.5 million people is reaching out to India for a wider relationship — selling gin and fish and cheese to India and buying fruits and vegetables and tea and coffee.

India has been pressing the Association of Southeast Asian Nations (Asean) for the review of the Asean-India Trade in Goods Agreement because of concerns about its impact on the development of domestic manufacturing, external affairs minister S Jaishankar said on Thursday.

In order to ensure overall development of Food Processing Sector in the country, Ministry of Food Processing Industries (MoFPI) implements Central Sector Umbrella Scheme, Pradhan Mantri Kisan Sampada Yojana (PMKSY), since 2016-17, Production Linked Incentive Scheme for Food Processing Industry (PLISFPI), since 2021-22 and centrally sponsored Pradhan Mantri Formalization of Micro food processing Enterprises (PMFME) Scheme, since 2020-21. 

After the tax was withdrawn,1,655 tons of rice were imported from India through Benapole land port in the last 17 days. Rice import resumed on November 17 after 2 years.

India has pitched for fast-tracking negotiations in the WTO on special safeguard mechanism (SSM), which would allow developing countries to temporarily raise tariffs on agricultural imports in response to import surges or price drops, an official said. The country flagged the issues during a meeting of a committee on agriculture issues in Geneva on December 4.

Indian businesses should take a 'balanced' approach in dealing with China as excessive dependence on its supply chain could be detrimental to India's national interest, External Affairs Minister S Jaishankar said on Thursday (December 5, 2024).