The commerce ministry's arm Export Inspection Council (EIC) plans to expand food testing infrastructure in a holistic way to boost outbound shipments, a senior government official said. The EIC has initiated a detailed study on gap assessment on food testing infrastructure for exports, the official added.
Homegrown Indian liquor makers are mulling approaching food & beverages regulator FSSAI for a separate standard for the Indian single malt whisky that is rapidly scaling with the ongoing trend of premiumisation and has won several prestigious international awards. This will help maintain the reputation of Indian single malt whisky - now exported to 60 countries - and Indian producers are discussing the move, according to Confederation of Indian Alcoholic Beverage Companies.
The humble banana along with ghee, furniture, office stationery and solar photovoltaic (PV) modules are spicing up India’s exports basket as, despite a small base, their shipments are growing fast. While engineering goods, pharmaceuticals, gems and jewellery, and electronics are the key drivers of goods exports, these new sectors are giving the country’s overseas sales that extra push.
The Government of Arunachal Pradesh encourages the cultivation of horticultural produce such as kiwi, avocado, dragon fruit, and persimmon under the umbrella scheme of Atmanirbhar Bagwani Yojna, wherein all the schemes are encompassed under a bank-linked credit subsidy scheme comprising time-bound implementation and participation from various stakeholders such as government, bank, project consultants and progressive farmers.
Nearly three years after repealing the reform-oriented farm laws due to farmers' protest, Centre has now come out with a draft national policy framework on agriculture marketing suggesting states move towards a 'unified national market for agriculture produce' through single licensing /registration system and single fee.
After nearly five months, India's trade with Bangladesh resumed through Assam's Sribhumi district, despite ongoing reports of atrocities against Hindu minorities.
Traditionally a tea exporter, India is making significant inroads into the global coffee export market with total exports during the current financial year up to November crossing the $1-billion mark for the first time, according to data from Centre for Monitoring Indian Economy (CMIE).
India has witnessed a tenfold rise in exports of bananas in the past decade and is now targeting $1 billion in banana exports in the next five years after successful trial shipments to the Netherlands via the sea route, according to the Centre’s Agricultural and Processed Food Products Export Development Authority (APEDA).