India’s wheat procurement by govt tops 35.5 million tonne target.
The Indian Government’s wheat procurement has exceeded its revised target of 35.54 million tonnes (mt) by reaching at 35.76 mt as of June 21, up by 19 per cent from 29.95 mt in the corresponding period last year. While Rajasthan has set a record in procurement, Uttar Pradesh has bought more than double the quantity than last year.
Source: thehindubusinessline.com
Northeast India poised to be next growth engine via sustainable agriculture and organic produce: Nirmala Sitharaman.
Union finance minister Nirmala Sitharaman on Friday said that northeast India can emerge as the country's next engine of growth by capitalising on sustainable agriculture and organic produce. Addressing an event after inaugurating the northeast's largest organic spice processing plant of the Eastern Ri-Bhoi Organic Farmer Producer Company Ltd. at Lumdaitkhla in Bhoirymbong, Sitharaman said the future of agriculture would increasingly favour quality over quantity.
Source: economictimes.indiatimes.com
APEDA secures long-term base for India’s first integrated Basmati and Organic training hub.
The Agricultural and Processed Food Products Export Development Authority (APEDA) has taken a significant step toward strengthening India’s Basmati rice value chain by signing a 70-year lease agreement with the Uttar Pradesh Agriculture Department to establish a dedicated Basmati and Organic Training Centre in Pilibhit. The proposed facility is designed to serve as a national hub for farmer training, skill development, and knowledge dissemination, supporting both conventional and organic Basmati cultivation. The initiative reflects growing efforts to enhance the competitiveness, sustainability, and export potential of India’s premium rice sector.
Source: agrospectrumindia.com
APEDA signs agreement with Transgreen Agro & Logix for operation of integrated pack house in Uttar Pradesh.
The Agricultural and Processed Food Products Export Development Authority (APEDA) has signed an agreement with Transgreen Agro & Logix for the operation and management of the Integrated Pack House located at Chunar, Uttar Pradesh. The partnership marks a significant step towards strengthening India's post-harvest infrastructure and enhancing the competitiveness of Indian horticultural produce in global markets. The Integrated Pack House is designed to provide modern facilities for grading, sorting, packaging, and handling fresh produce, ensuring compliance with international quality standards.
Source: foodtechbiz.com
Meet with Jamieson Greer today; Piyush Goyal says India seeking export edge in US trade deal.
India is seeking a competitive advantage for its exporters over rival nations in the proposed trade agreement with the US, commerce and industry minister Piyush Goyal said Monday, a day before his meeting with US trade representative Jamieson Greer. Speaking at an event here, Goyal said he would be 'happy' if a deal is finalised before July 24, when Washington's temporary 10% tariff on trading partners is due to expire. However, he reiterated that India does not negotiate to deadlines.
Source: economictimes.indiatimes.com
Indori Malwi potato gets GI tag along with 11 Other regional crops.
The Indori Malwi potato, a major rabi season crop selected under the state govt’s 'One District One Product' (ODOP) initiative, was granted the Geographical Indication (GI) tag. The development is expected to enhance the crop’s brand value, open new export avenues, and ensure better price realisation for local farmers.
Source: timesofindia.indiatimes.com
Commerce Secretary Shri Rajesh Agrawal co-chairs 14th Session of India-Uzbekistan Intergovernmental Commission.
Shri Rajesh Agrawal, Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, co-chaired the 14th Session of the India-Uzbekistan Intergovernmental Commission on Trade, Economic, Scientific and Technological Cooperation with Mr. Shokhrukh Gulamov, Deputy Minister of Investment, Industry and Trade of the Republic of Uzbekistan. The meeting was held in Tashkent, with the Indian co-chair participating through video conference.
Source: pib.gov.in
APEDA Facilitates First-Ever Export of Dried Whole Egg Powder from Odisha to Austria.
The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce & Industry, Government of India, facilitated the first-ever commercial export shipment of dried whole egg powder from Balangir, Odisha, to Austria, marking a significant milestone in promoting value-added agricultural and processed food exports from India.
Source: pib.gov.in
FTA map: Mega FTA wave to bring 60% of India trade under preferential regime.
With India’s key trade deal with the UK set to come into effect next month, a similar pact with the EU expected next year, and New Delhi finalising the details of an agreement with the US, more than 60% of India’s trade will soon be on preferential trade terms.
Source: economictimes.indiatimes.com
UK FTA calls for standards upgrade: Experts.
Indian exporters will have to upgrade product standards and align their goods with British regulatory requirements to take full advantage of the India-UK free trade agreement, which will come into effect from July 15, according to experts. They also said that the government should conduct an outreach programme in different parts of India to inform the domestic industry about the Comprehensive Economic and Trade Agreement (CETA) between the two countries.
Source: economictimes.indiatimes.com