India’s new FTAs offer investment opportunities, but utilisation remains weak: Commerce Secretary.
Industries need to utilise and leverage the free trade agreements (FTAs) that India is finalising, as these pacts offer trade and investment opportunities, said Rajesh Agrawal, commerce secretary, on Monday. The secretary said that the country's track record in FTA utilisation is 'not great'.
Source: economictimes.indiatimes.com
Odisha’s Dhenkanal farmers export 3 tonne of mango to London.
A total of 3 tonne of Amrapali mangoes, the first international consignment of the current mango season, has been exported from Dhenkanal in Odisha to London. A media statement said the export was done under the guidance and institutional support of the Directorate of Horticulture, Department of Agriculture and Farmers’ Empowerment (DA&FE), Government of Odisha.
Source: thehindubusinessline.com
Progress of Area Coverage under Summer Crops as on 08.05.2026.
Progress of Area Coverage under Summer Crops as on 08.05.2026.
Source: pib.gov.in
All-time high export figure this year and trade deficit much lower than annual remittances indicate strong economic performance: Shri Goyal.
Union Minister of Commerce and Industry Shri Piyush Goyal addressed the Confederation of Indian Industry (CII) Annual Summit today in New Delhi and said that the Indian economy has continued to show resilience amid global geopolitical and economic challenges, with strong fundamentals and growing global confidence in India. Shri Goyal said India remains the fastest-growing large economy and highlighted that the country has nearly 11 months of import cover in foreign exchange reserves. Referring to India’s export performance, he said the country is set to achieve an all-time high export figure of nearly USD 863 billion this year. He added that India’s trade deficit in goods and services together is much lower than the country’s annual remittances, reflecting strong economic performance.
Source: pib.gov.in
Vigyan TECH 2026 Held at BRIC-NII; NIFTEM-Kundli Presents Pivotal Achievements in Food Processing Research and Innovation.
Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences, PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh, inaugurated Vigyan TECH 2026 on the occasion of National Technology Day at BRIC-NII, New Delhi. Addressing the gathering, Dr. Singh stated that while India has always possessed exceptional scientific capability, the past nearly twelve year period has ushered in an unprecedented national push for science, technology and innovation, firmly positioning India among the leading global knowledge economies.
Source: pib.gov.in
India and Netherlands Forge Stronger Trade Ties amid Strategic Talks.
In a strategic move to bolster economic ties, Commerce and Industry Minister Piyush Goyal engaged in significant discussions with the Netherlands' Minister for Foreign Trade and Development Cooperation, Sjoerd Sjoerdsma. The focus of the talks centered on enhancing bilateral trade and economic cooperation between the two nations.
Source: devdiscourse.com
US Ambassador Sergio Gor praises Assam US trade ties.
US Ambassador Sergio Gor dropped by Assam for Chief Minister Sarma's swearing-in and took a moment to shout out the growing trade vibes between Assam and the US. He spotlighted commercial ties and future "win-win scenarios" as areas full of potential. Last year in New York, a big event marked 200 years of Assam Tea, connecting local producers straight to American buyers.
Source: newsbytesapp.com
Reviewed progress of India-Chile CEPA talks, discussed ways to deepen partnership: Piyush Goyal.
Union Commerce and Industry Minister Piyush Goyal on Tuesday said India and Chile reviewed the progress of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) and discussed ways to further strengthen bilateral trade, investment and strategic cooperation between the two countries. In a post on social media platform X, Goyal said he held discussions over breakfast with Chile’s Foreign Minister Francisco Perez Mackenna and members of the Chilean delegation.
Source: thehansindia.com
'India set to achieve all-time high export of USD 863 billion in 2026': Commerce Minister Goyal.
Union Minister of Commerce and Industry Piyush Goyal on Tuesday said India is set to achieve an all-time high export figure of nearly USD 863 billion this year, while referring to the country’s export performance. Addressing the Confederation of Indian Industry (CII) Annual Summit in New Delhi, Goyal said India remains the fastest-growing large economy and highlighted that the country has nearly 11 months of import cover in foreign exchange reserves.
Source: tribuneindia.com
Indian food irradiation sector struggles to scale beyond mango exports.
India produced around 22.8 million metric tons of mangoes in FY2024-25, but exports only around 30,000 MT annually. The country is also the world's largest producer of spices and the second-largest producer of fruits and vegetables. However, 30 to 40 per cent of production is lost between harvest and consumption.
Source: freshplaza.com