May 12, 2026
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 |
May 12, 2026
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 |
May 11, 2026
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 |
May 11, 2026
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 |
May 11, 2026
‘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 |
May 11, 2026
APEDA Facilitates First-Ever Export of 20 Metric Tons of ODOP Honey from Assam’s Aspirational District Baksa to USA. In a major boost to the diversification of India’s agricultural exports and furthering the One District One Product (ODOP) initiative, the first-ever export consignment of ODOP honey from Baksa, an Aspirational District in Assam, to the USA was flagged off on 09 May 2026 through the initiative of APEDA. The consignment, comprising 20 Metric Tons of honey, was exported by APEDA-registered exporter from the North Eastern Region, M/s Salt Range Foods Pvt. Ltd., Assam. Source: pib.gov.in |
May 11, 2026
Commerce Secretary Shri Rajesh Agarwal Visits Switzerland to Advance India–EFTA TEPA Implementation and Boost Trade & Investment Cooperation. Commerce Secretary Shri Rajesh Agarwal undertook an official visit to Switzerland from 06–07 May 2026 to advance the implementation of the India–EFTA Trade and Economic Partnership Agreement (TEPA) and strengthen India–Switzerland trade and investment engagement. The visit focused on translating TEPA’s market-access outcomes into concrete business partnerships, investment commitments and greater industry utilization. The visit built upon the high-level engagement held in February 2026, when Union Minister of Commerce and Industry Shri Piyush Goyal met H.E. Mr. Guy Parmelin, President of the Swiss Confederation, in New Delhi and reviewed the roadmap for taking the agreement from policy framework to commercial delivery. Source: pib.gov.in |
May 11, 2026
India–Canada Joint Statement on the Conclusion of the Second Round of Comprehensive Economic Partnership Agreement (CEPA) Negotiations. India and Canada successfully concluded the second round of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA), held from 4–8 May 2026 at Vanijya Bhawan, New Delhi, and hosted by the Department of Commerce, Government of India. The discussions were held in accordance with the Terms of Reference signed by the Trade Ministers of both countries on 2 March 2026. The negotiations witnessed constructive and productive engagement between the two sides. India and Canada reaffirmed their shared commitment to advancing a balanced, ambitious, and mutually beneficial agreement aimed at strengthening bilateral trade and economic ties. Source: pib.gov.in |
May 11, 2026
India set to bolster trade and strategic ties with Africa at 4th summit meet. India hopes to intensify its trade and investment ties with Africa and focus on cooperation across sectors including agriculture, defence, education, green energy, health and digital partnership at the 4th India-Africa Forum Summit in New Delhi this month-end. 'India has been consistently among Africa’s top five trade and investment partners. The thrust of the summit will be on how to strengthen trade and investment ties further,' an official tracking the matter said. Source: thehindubusinessline.com |
May 11, 2026
India negotiates EU market access for seafood exports: Piyush Goyal. India actively negotiated with the European Union to open its market for seafood exports, helping the country overcome challenges arising from steep US tariffs, commerce and industry minister Piyush Goyal said Sunday. Addressing reporters here, he said the government anticipated disruptions and acted swiftly to secure alternative markets for Indian exporters. Source: economictimes.indiatimes.com |