India and Australia have made significant strides towards finalising their Comprehensive Economic Cooperation Agreement (CECA), with both nations agreeing on a roadmap for its early conclusion. During a three-day stocktake meeting held from 4–6 December 2024, officials from both countries discussed critical elements of the agreement, including trade in goods and services, mobility, and agri-tech cooperation.

India's maritime sector is poised to play a transformative role in the country's vision of becoming world's third-largest economy, Vice President Jagdeep Dhankhar said Wednesday.

A total of 399 cold chain projects have been approved since inception (2008) to till date (31.10.2024) under the component scheme- Integrated Cold Chain and Value Addition Infrastructure (Cold Chain scheme) of Pradhan Mantri Kisan Sampada Yojana (PMKSY).  Out of these, 284 cold chain projects have been completed and commenced their commercial operations.

India's trade with BRICS countries may be poised for a take-off as officials work to extend customs-related privileges to trusted merchants from these nations, which would also fetch similar benefits to Indian exporters to those markets, two persons familiar with the matter said.

Ministry of Food Processing Industries (MoFPI) has been implementing Mega Food Park (MFP) Scheme, a component scheme under the Pradhan Mantri Kisan Sampada Yojana (PMKSY), to create modern infrastructure for the food processing sector along the value chain from farm to market. The MFP scheme has been discontinued by the Government with effect from 01.04.2021 with provision for committed liabilities for ongoing projects.

The interim administration of Bangladesh has urged rice importers to bring in and distribute 3.92 lakh tons of rice by December 22, 2024, to aid in stabilizing the nation’s rice market. 

Nagaland State Export Summit 2024 organised by Department of Industries & Commerce focused on One District One Product (ODOP), boosting the economy of each district, with focus on product enhancement support, E-commerce on-boarding, boosting domestic trade, Export promotion, B2B facilitation.

India is poised to achieve record sugar production in the next marketing year, supported by increased cane cultivation and favorable water availability in key regions. After two years of export restrictions due to drought, the rebound may allow the world's second-largest producer to resume exports in 2025/26.

The Rajasthan Export Promotion Policy aims to increase goods exports to Rs 1.5 trillion by 2029, an official of the state industries department has said.