India Targets $1 Trillion Exports This Year, $2 Trillion in Five Years: Union Commerce and Industry Minister Shri Piyush Goyal.
Union Minister of Commerce and Industry Shri Piyush Goyal today said that India has set a target of achieving exports worth 1 trillion dollars this year and 2 trillion dollars over the next five years, asserting that this would be the true hallmark of an Atmanirbhar Bharat. Addressing the website launch ceremony of Bharatiya Vyapar Mahotsav in New Delhi, he said exports this year have reached 863 billion dollars, nearly 5 per cent higher than the previous year, despite global challenges. He said both goods and services exports have increased, calling it a significant achievement in the present global environment.
Source: pib.gov.in
Union Minister Shri Jyotiraditya M. Scindia launches Mission 'Coffees of Nagaland'.
The Union Minister for Development of North Eastern Region and Communications, Shri Jyotiraditya M. Scindia, today launched the Cluster-based Coffee Value Chain Development Mission for Nagaland. The launch was graced in the august presence of Shri Sukanta Majumdar, Minister of State, MDoNER; Shri Neiphiu Rio, Chief Minister, Government of Nagaland; Shri T. R. Zeliang, Deputy Chief Minister, Government of Nagaland; Shri G. Ikuto Zhimomi, MLA and Advisor (Land Resources), Government of Nagaland; Shri Sanjay Jaju, Secretary, MDoNER .
Source: pib.gov.in
Modi in Norway highlights: PM holds interaction with Norwegian business leaders.
Prime Minister Narendra Modi on Monday (May 18, 2026) called for a resolution of the West Asia crisis and the Ukraine conflict through dialogue and diplomacy, asserting that military action alone cannot achieve lasting peace. Later, he held an interaction with Norwegian business leaders during the Business and Research Summit.
Source: thehindu.com
Geopolitical crisis, weather may help India export 2 mt of wheat, says USDA.
India will likely export at least two million tonnes (mt) of wheat, given the current developments in the global grains market, including geopolitical crisis and weather, with US production of the cereal estimated at a 57-year low. 'With hefty supplies, the (Indian) government has recently removed the wheat export ban in place since May 2023, and the country is forecast to become a net exporter, albeit small relative to global trade,' said the US Department of Agriculture (USDA).
Source: thehindubusinessline.com
India Emerging as Global Hub for Agricultural Innovation.
Reaffirming India’s critical role in its global research and innovation ecosystem, Syngenta’s Global Crop Protection Head of Research & Development – Camilla Corsi visited India. The visit underscored Syngenta’s long-term commitment to India as a key geography for science-led agricultural innovation, farmer-centric solutions, and sustainable growth.
Source: global-agriculture.com
Americans turn Aamericans: Alphonso, Kesar from India fly off US supermarket shelves.
It is Indian mango mania in the United States, with premium varieties such as Alphonso, Kesar, Langra, and Banganapalli flying off the shelves in supermarkets. The latest example of this growing craze was witnessed in a supermarket in Washington's Seattle, where freshly imported Kesar mangoes sold out within hours of arriving at major stores. The videos from the Seattle supermarkets show Americans seemingly turning into 'Aamericans'.
Source: indiatoday.in
Nagaland signs horticulture partnership for pineapple production.
In a significant step toward strengthening Nagaland's horticulture ecosystem and enhancing farmer livelihoods, the Department of Horticulture, Government of Nagaland, entered into a Tripartite Memorandum of Understanding (MoU) with Natural Fuel India, Chümoukedima, and Sathwaro Farming Group, Gujarat, for the development of a sustainable and inclusive horticulture value chain in the State through a Public-Private Partnership (PPP) model.
Source: freshplaza.com
India looks to consolidate East Africa economic partnership amid global supply chain shifts.
As global trade patterns undergo significant realignment and supply-chain resilience becomes a strategic priority, India’s economic engagement with East Africa is emerging as an increasingly important pillar of its external economic strategy. These themes formed the core of discussions at a conference organised by leading Indian think tank Chintan Research Foundation (CRF) in New Delhi on Thursday, bringing together policymakers, business leaders, economists, and energy experts.
Source: economictimes.indiatimes.com
FTAs, lower import duties, better business environment to boost net FDI flows: ADB chief economist.
Free Trade Agreements (FTAs), reduction in import tariffs and improvement in business environment would encourage higher net foreign capital inflows into India, which have moderated in recent years, ADB Chief Economist Albert Park has said. During 2021-22, India attracted net Foreign Direct Investment (FDI) of USD 38.6 billion, which came down to USD 28 billion in FY23 and further fell to USD 10.2 billion in FY24.
Source: economictimes.indiatimes.com
Merchandise exports during April 2026 were US$ 43.56 Billion, as compared to US$ 38.28 Billion during April 2025, registering a positive growth of 13.78%.
India’s total exports (Merchandise and Services combined) for April 2026* is estimated at US$ 80.80 Billion, registering a positive growth of 13.59 percent vis-à-vis April 2025. Total imports (Merchandise and Services combined) for April 2026* is estimated at US$ 88.61 Billion, registering a positive growth of 7.67 percent vis-à-vis April 2025.
Source: pib.gov.in