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14 Jan, 2025
India opens F&B sector to 100% foreign investment, ownership.
India has officially opened its food and beverage sector to 100 per cent foreign investment, allowing full foreign ownership and management of such enterprises, Minister of Commerce and Industry Piyush Goyal announced. Goyal emphasised that the government would facilitate 'speedy and easy' work permits for those wishing to invest or set up food and beverage businesses in the country. The announcement marks a significant shift in India’s approach to attracting foreign capital in the food and beverage industry.
Source:
gulfbusiness.com
14 Jan, 2025
USGC hosts tour for Indian poultry producers.
US — Indian poultry industry stakeholders got a first-hand look at the US agricultural value chain, assessing the safety of biotechnology corn and the potential of non-GM sorghum for feed, during a recent tour hosted by the US Grains Council (USGC).
Source:
world-grain.com
14 Jan, 2025
Philippines: Rice import volume hits 4.8 million MT in 2024.
The government revised upward the country’s total rice import volume last year to nearly 4.8 million metric tons (MT) after the Bureau of Plant Industry (BPI) validated the rice shipment figures. Latest BPI data showed that total rice imports in 2024 reached a record-high of 4.78 million MT, about two percent higher than its initial figure of 4.684 million MT.
Source:
philstar.com
14 Jan, 2025
Union Agriculture Minister Shri Shivaraj Singh Chouhan holds review meeting on Agri issues.
Union Minister for Agriculture, Farmers Welfare and Rural Development Shri Shivraj Singh Chouhan today held review meeting on Agriculture issues with the senior officials of the Agriculture Ministry. Several issues related to the farm produce, marketing of Agri products including the import and export of the produce and weather conditions figured in the review meeting. The Minister said, apart from he himself holding weekly meeting on the farm issues, he shall also periodically hold meetings with the State Governments at the Agriculture Ministers level. He wanted even the officials to consistently engage with the State Governments on these issues, as addressing the issues at ground level would require involvement of the State Governments officials.
Source:
pib.gov.in
14 Jan, 2025
Nepal to consider request for import of certain dairy products from India: Commerce minister.
India has flagged concerns over the problems faced by its milk exporters in Nepal, with the neighbouring country agreeing to explore the possibility of facilitating imports of specific products like whey and cheese, an official statement said on Sunday. The matter came up for discussions during the meeting of the India-Nepal Inter-Governmental Committee (IGC) on Trade, Transit, and Cooperation to Combat Unauthorised Trade, which was held in Kathmandu from January 10-11.
Source:
telegraphindia.com
14 Jan, 2025
Optimistic about higher agri growth in FY25 on good monsoon: Principal secy to PM.
India's agriculture sector is poised for stronger growth in the 2024-25 fiscal year, driven by favourable monsoon conditions, according to Principal Secretary to the Prime Minister P K Mishra. 'Monsoon has been good... I am very optimistic this year,' Mishra told PTI in an interview.
Source:
m.economictimes.com
14 Jan, 2025
European demand lifts Indian soyameal exports in December.
Soyameal exports are up a tad during December at 2.77 lakh tonnes (lt) on higher demand from European buyers such as Germany and Netherlands. However, the offtake by the domestic livestock feed sector was flat at 5.5 lt, as per the latest estimates by the trade body Soyabean Processors Association of India (SOPA).
Source:
thehindubusinessline.com
14 Jan, 2025
Governor Ravi bats for sustainable farming in organic way.
Tamil Nadu Governor R N Ravi urged farmers to embrace organic methods rather than utilising chemical fertilisers and pesticides to ensure sustainable farming practices. Addressing a Pongal celebration titled – Natural Farmers Pongal with Governor at Musiri Institute of Technology and College of Agriculture Technology (MIT-CAT) at Musiri in Trichy, on Saturday, Ravi emphasised the necessity of reverting to natural farming while abandoning chemical fertilisers.
Source:
timesofindia.indiatimes.com
14 Jan, 2025
India’s Agriculture Ministry holding survey on edible oil consumption pattern.
In a first, the Union Agriculture Ministry is conducting a survey on edible oils using the 'My Gov' platform to formulate a policy for farmers to produce what consumers want. This will lso benefit farmers also as they will cultivate demand-driven crops and help the country move towards self-sufficiency in edible oil.
Source:
thehindubusinessline.com
13 Jan, 2025
Union Minister of Commerce & Industry Shri Piyush Goyal sets $100 billion target of combined product exports for Food & Beverage, agri and marine industries in next five years.
India has the potential to reach $100 billion of combined exports in the Food & Beverage (F&B), agriculture and marine products industries in the next five years. This was stated by Union Minister of Commerce & Industry, Shri Piyush Goyal during his keynote address at an interaction with the F&B industry stakeholders on the sidelines of Indusfood 2025 today in New Delhi. He emphasised that the target is not very ambitious as the industries need to grow at a combined rate of 14-15%.
Source:
pib.gov.in
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