APOA welcomes Sri Lanka’s move to lift ban on oil palm cultivation.
The Asian Palm Oil Alliance (APOA) has welcomed the recent developments in Sri Lanka indicating that the Sri Lankan government is moving towards lifting the ban on oil palm cultivation, subject to final approvals and sustainability safeguards. A media statement said APOA considers this a positive and pragmatic step towards strengthening edible oil security, supporting rural livelihoods, reducing import dependence, and promoting science-based sustainable agriculture in Asia.
Source: thehindubusinessline.com
Chhattisgarh goes all out to woo investors in food processing sector.
With abundant production of crops, forest produce and livestock products, Chhattisgarh is going all out to woo investors in the food processing sector. A statement from the central Indian State said that there is a huge gap between what is produced and processed in agriculture. Chhattisgarh is well-placed to fill the gap as it sees an opportunity in this.
Source: thehindubusinessline.com
Warehousing shifting from support function to strategic capability.
Food & beverage (F&B) companies operate in a high-volume, low-margin environment with strict quality and regulatory requirements. Even minor inefficiencies in warehousing and logistics can significantly impact profitability, making tight supply chain control essential.
Source: fnbnews.com
Traceable, packaged, certified: The next chapter of meat in India.
The way a nation sources and consumes its daily protein is undergoing a rapid structural revolution. Gone are the days when purchasing daily dietary protein was exclusively synonymous with crowded, unhygienic wet markets and roadside butcher shops relying on rudimentary processing practices. Today, this massive unorganised trade is swiftly surrendering ground to a highly organised, tech-driven, and quality-controlled ecosystem. The global meat market size was valued at an estimated US$1.5 trillion in 2025. This market is projected to reach US$1.8 trillion by 2034. This reflects a steady (CAGR) of 1.95% during the 2026–2034 forecast period. While the global poultry market size was valued at US$491.02 billion in 2025. This industry is expected to grow from US$521.95 billion in 2026 to a massive US$910.24 billion by 2034. This translates to a robust CAGR of 7.20% over the forecast period. The combined meat and poultry market in the Asia-Pacific region stands as a formidable economic powerhouse, with its market size valued at an estimated US$683.11 billion in 2025. The regional market size is anticipated to reach a substantial US$845.29 billion by 2031, advancing at a steady Compound Annual Growth Rate (CAGR) of 3.61% over the 2026–2031 period.
Source: fnbnews.com
Korea, India Weigh Deeper Economic Ties.
Minister of Trade, Industry and Energy Kim Jung-gwan held an expert meeting on May 11 to discuss measures to expand economic cooperation between Korea and India. Experts from major economic and research institutions, including the Korea Institute for International Economic Policy (KIEP), the Korea Institute for Industrial Economics and Trade (KIET), the Korea Trade-Investment Promotion Agency (KOTRA), the Korea International Trade Association, and the Korea Industrial Complex Corporation, attended the meeting on this day. They discussed measures to create an exclusive industrial complex for Korean companies in India, examples of other countries’ economic cooperation policies toward India, structural analysis and response directions regarding the deepening trade deficit with Korea raised by the Indian side, and Korea-India cooperation measures by promising industry.
Source: businesskorea.co.kr
Indian fruit and vegetable exports grow despite U.S. tariffs.
India's agricultural exports increased by 2.3 per cent year-on-year in 2025-26, reaching US$53.1 billion, despite tariff measures imposed by the U.S. administration. Overall merchandise exports rose by 0.9 per cent to US$441.7 billion during the same period.
Source: freshplaza.com
Cashews: surprisingly high export demand.
India’s demand for cashew kernels has fallen sharply as the central government has implemented a sudden hike on cooking gas usage for commercial purposes by 45%. Cooking gas is crucial for roasting cashews. Wholesale trade has consequently turned sluggish. Restaurants and catering companies are also only buying small volumes. Despite local demand being weak, export prices have however risen.
Source: mundus-agri.eu
India's real GDP to hit 7.2% in Q4FY26 amid resilient domestic demand: Report.
India's real GDP growth is expected to reach nearly 7.2 per cent in the final quarter of the 2025-26 fiscal year, highlighting the sustained momentum of the domestic economy despite a challenging global environment. According to a report by SBI, the full-year growth for FY26 is likely to settle at 7.5 per cent, even as the outlook for the following year remains subject to geopolitical shifts.
Source: economictimes.indiatimes.com
Govt working on FTA utilisation plan to maximise benefits for businesses.
With India signing a series of free trade agreements with developed countries, the government is working on an FTA utilisation plan to help maximise benefits from these pacts, an official said. Since 2021, India has finalised free trade agreements (FTAs) with Mauritius, Australia, the UAE, Oman, New Zealand, the EFTA (European Free Trade Association), the European Union (EU), the UK and US.
Source: economictimes.indiatimes.com
‘Need to explore the value-addition potential of cashew apples instead of wasting them’.
Indians should make efforts to stop the wastage of cashew apples and explore their potential for producing value-added products, according to Shree Padre, who has been working to popularise the value-added possibilities of cashew apples. Speaking on the side lines of a cashew apple festival in Mangaluru on Friday, Padre said India has remained far behind in exploring the potential of value-added products from cashew apple nearly eight decades after independence.
Source: thehindubusinessline.com