According to Bui Trung Thuong, the Trade Counselor of Vietnam in India, the trade turnover between Vietnam and India is expected to surpass 15 billion USD in 2024, and reach 20 billion USD soon.

In a statement to stakeholders in the rice industry, the Ministry announced that 'from 1 January 2025, customs duties and VAT will be suspended on rice imports classified under tariff code 1006.20.90.00 until 31 December 2025.'

Agricultural supply chains are fundamental to global food security and economic stability. However, they are fraught with challenges that threaten the livelihoods of farmers and the efficiency of markets. Collateral management emerges as a critical mechanism to address these challenges, offering solutions that mitigate risks and foster trust among stakeholders. This article explores how collateral management reduces risks and enhances agricultural supply chains’ resilience.

India is poised to achieve new heights in foodgrain production in 2025, driven by favourable monsoon, though significant challenges persist in pulses and oilseeds production as the country's agricultural sector shows signs of robust recovery.

India’s exports of agricultural and processed food products rose by over 8% to $14.01 billion during the April-November periods of the current fiscal year compared to FY24 after the government removed most of the restrictions on rice shipment a couple of months back.

The food processing sector plays an important role in increasing farm income and creating off-farm jobs, reducing post-harvest losses in agriculture and allied sector production through on- and off-farm investments in preservation and processing infrastructure. Accordingly, Ministry of Food Processing Industries has undertaken several initiatives to give impetus to development of food processing sector in the country and has made significant achievements in its schemes during the year of 2024.

India's exports to Australia grew 14% since the signing of the India-Australia Economic Cooperation and Trade Agreement (ECTA) with textiles, chemicals, and agriculture growing substantially, and new lines, including gold studded with diamonds and turbojets highlighting the diversification enabled by the agreement, the government said Sunday.

India's contribution to global trade has seen significant growth over the last two decades, with its share in both exports and imports doubling during this period, according to a report by the National Stock Exchange (NSE).

Addressing a gathering of Multi-Stakeholder Convention on 'RevivingAgro-Biodiversity in Rainfed Areas through Traditional Varieties for Climate-Resilient Agriculture' in New Delhi, the Union Secretary of the Ministry of Agriculture & Farmers' Welfare Dr. Devesh Chaturvedi emphasized the need to promote traditional varieties of agriculture and horticulture. He said that his Ministry is keen to promote traditional varieties through various schemes related to agriculture and horticulture, such as NMNF, Farmers' Producer Organizations (FPOs), Seed Development programs and NFSM. Describing the importance of traditional varieties he said that it has unique traits such as better taste, aroma, color, cooking quality, and nutritional richness etc. 

A potential trade war between the United States (US) and China under the Donald Trump presidency could create an additional $25-billion export opportunity in the US for Indian exporters, the Federation of Indian Export Organisations (FIEO) said on Thursday during a pre-Budget consultation at the Finance Ministry with FM Nirmala Sitharaman and government officials.