The Food Safety and Standards Authority of India (FSSAI) has noted a grey area in the non-carbonated and non-alcoholic beverages' space, in terms of legally non-compliant products, especially where salts and many other prohibited minerals are being added. This move may impact all big fast-moving consumer goods (FMCG) companies in the non-carbonated and non-alcoholic beverages' space.
India grapples with stagnation in both acreage and production of millets, according to Reserve Bank of India’s annual report for 2023-24. India accounts for almost 80 per cent of Asia’s and 20 per cent of global millet production.
The commerce ministry held deliberations with experts, former officers and senior officials from different departments on framing a standard operating procedure for free trade pacts and other related issues under these agreements, an official release said on Tuesday. The commerce ministry in the release stated that the 'Chintan Shivir' was organised on May 16-17 at Neemrana, Rajasthan.
Government initiatives such as PM Gati Shakti-National Master Plan (PMGS-NMP) and national logistics policy are likely to accelerate the growth of the cold chain market in India, helping the market to grow to Rs 5 lakh crore by 2032 from Rs 2 lakh crore in 2023, Surendra Ahirwar, joint secretary, Department of Industry and Internal Trade (DPIIT) said, citing estimates.
The United Arab Emirates is looking to expand the scope of trade and services covered under the Comprehensive Economic Partnership Agreement (CEPA) with India to further accelerate bilateral trading volume, a senior UAE official said here on Thursday. India and the UAE signed the historic CEPA on February 18, 2022, to further boost bilateral trade and economic ties.