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28 Apr, 2025 News Image Need to increase exports to make India stronger: Gadkari.
Union Minister Nitin Gadkari on Saturday said India will have to increase its exports and reduce imports to emerge as a stronger nation in the global community. Addressing an international conference on Vision 2047 Prosperous and Great Bharat, Gadkari suggested that the imposition of reciprocal tariffs by the US was a 'blessing in disguise' for India as newer markets are now opening up for the domestic industry.
 Source:  economictimes.indiatimes.com
28 Apr, 2025 News Image India seeks new trade opportunities with Croatia, Netherlands to diversify trade partnerships.
In an effort to diversify its trade partnerships and explore new markets, India has actively engaged with Croatia and the Netherlands. Commerce Secretary Sunil Barthwal met Zdenko Lucic, State Secretary for Foreign Trade and Development at the Ministry of Foreign And European Affairs in Zagreb, on April 22, 2025, strengthening bilateral trade ties and exploring investment opportunities, a post on social media platform X by the Indian embassy in Croatia, said. 'Team India and Croatia engaged in fruitful discussions during the meeting,' the post by India In Croatia read.
 Source:  zeebiz.com
28 Apr, 2025 News Image Pakistan ally Azerbaijan increases flights and trade with India.
Azerbaijan, a traditional ally of Pakistan, has sought to expand people-to-people ties with India by launching Ahmedabad-Baku flights from July, in addition to the operational Delhi-Baku and Mumbai-Baku flights, in what could be a confidence-building measure between India and the former Soviet republic. Azerbaijan's national air carrier, AZAL, will launch direct regular flights from Baku to Ahmedabad from July 4, according to people familiar with the matter. Flights will be operated four times a week - on Tuesdays, Thursdays, Fridays and Sundays - they said. The development comes close on the heels of Azerbaijan - among the few landlocked countries to operate a cargo ship in high seas - sending a cargo ship to deliver soda ash to the southern Indian ports.
 Source:  economictimes.indiatimes.com
28 Apr, 2025 News Image Goyal’s visit to London, Oslo and Brussels to boost trade ties starts today.
Commerce and Industry Minister Piyush Goyal’s visit to London, Oslo, and Brussels to boost trade ties will begin on April 28 (Monday), according to an official. This five-day visit is aimed to further boost India’s trade and investment ties with the UK, Norway, and the EU, the official said. The London visit is key as the negotiations for the proposed FTA between India and the UK are progressing towards the final stages.
 Source:  millenniumpost.in
28 Apr, 2025 News Image India cuts post-harvest losses, eyes global leadership in food processing.
The government on Friday said that various schemes to promote food processing have helped reduce post-harvest losses in fruits and vegetables over the last five years while emphasising the need to further develop the sector to boost farmers' income and meet growing food demand. Food Processing Industries Minister Chirag Paswan, speaking at the SUFALAM event organised by NIFTEM-Kundli in Haryana, said the food processing sector has a crucial role in achieving India's goal of becoming a developed nation by 2047.
 Source:  thehindubusinessline.com
25 Apr, 2025 News Image UP to promote manufacturing, preparing policy for Rs 5 trn annual exports.
The Uttar Pradesh (UP) government is preparing a new export policy that will give incentives to manufacturers for promoting industrial growth and 'boosting shipments', a senior government officer has said. The state is promoting manufacturing to attain its target of Rs 5 trillion in annual exports in four to five years. It made exports worth Rs 1.71 trillion in FY24. The state aims to increase its share in India's export basket from 4.71 per cent to 7.5 per cent over the years.
 Source:  business-standard.com
25 Apr, 2025 News Image India’s Record Cargo Movement on Inland Waterways.
India achieved a record 145.5 million tonnes cargo movement on inland waterways in FY 2024–25, up from 18.1 MMT in FY 2013–14, registering a CAGR of 20.86%. The number of National Waterways increased from 5 to 111, with the operational length growing from 2,716 km (2014–15) to 4,894 km (2023–24). Massive infrastructure development including Multi-Modal Terminals (MMTs), Inter-Modal Terminals (IMTs), community jetties, floating terminals, and green tech like Hybrid Electric and Hydrogen Vessels.
 Source:  pib.gov.in
25 Apr, 2025 News Image PM’s Saudi trip to push trade ties.
India and Saudi Arabia have agreed to deepen cooperation across multiple strategic sectors, including defence, investment, culture, and space after a meeting between Prime Minister Narendra Modi and Prince Mohammed bin Salman. The announcement came during the second meeting of the India-Saudi Arabia Strategic Partnership Council (SPC) the two leaders.
 Source:  newindianexpress.com
25 Apr, 2025 News Image India likely to export up to 700,000 tons of sugar this season, ISMA member says.
India is likely to export 600,000-700,000 metric tons of sugar in the season to the end of September despite the government allowing 1 million tons of exports, a member of the Indian Sugar & Bio-Energy Manufacturers Association (ISMA) said on Thursday. The world's second-biggest sugar producer set the 1 million ton export allowance i9n January because the government and industry believed there was a surplus for overseas markets.
 Source:  economictimes.indiatimes.com
25 Apr, 2025 News Image US Treasury Secy says India likely to be first to sign trade deal with Washington.
US Treasury Secretary Scott Bessent has said he expects India to strike the first bilateral trade deal to avoid President Donald Trump's reciprocal tariffs, according to the New York Post. A 26 per cent 'reciprocal' tariff on Indian exports to the US is currently on a 90-day pause, set to expire on July 8. However, like other countries, India is presently subject to a 10 per cent tariff under the existing policy.
 Source:  economictimes.indiatimes.com