India–Austria Business Forum Strengthens Bilateral Cooperation in Trade and Investment.
The India–Austria Business Forum was held at Vanijya Bhawan, New Delhi, on the occasion of the visit of Federal Chancellor of Austria, H.E. Dr. Christian Stocker. Federal Minister of Economy, Energy and Tourism of Austria, H.E. Wolfgang Hattmannsdorfer, also participated in the forum. The Indian side was led by Union Minister of Commerce and Industry, Shri Piyush Goyal. The forum brought together senior government representatives, policymakers and industry leaders to explore opportunities for enhancing trade, investment and strategic collaboration.
Source: pib.gov.in
Government Expands Coverage of RELIEF Scheme Amid West Asia Geopolitical Developments.
In view of the evolving geopolitical situation in West Asia and its continuing impact on maritime logistics across the Gulf and adjoining regions, the Government has expanded the list of eligible destinations under RELIEF – Resilience & Logistics Intervention for Export Facilitation, a time-bound intervention under the Export Promotion Mission (EPM). RELIEF was launched on 19 March 2026 as a targeted intervention to support Indian exporters affected by extraordinary freight escalation, heightened insurance premia and war-related export risks arising from disruptions in the Gulf and wider West Asia maritime corridor. The intervention provides calibrated support across the export cycle, including for shipments already undertaken during the disruption period as well as prospective exports.
Source: pib.gov.in
India and Norway hold 3rd Session of Dialogue on Trade and Investment; underscore TEPA’s role in strengthening bilateral economic ties.
The 3rd Session of the India–Norway Dialogue on Trade and Investment (DTI) was held in New Delhi on 16 April 2026. The session was co-chaired by Shri Mohit Yadav, Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, and Ms Nina Christine Rør, Director General, Department of Trade Policy, Ministry of Trade, Industry and Fisheries, Government of Norway. This was the first session of the DTI held after the entry into force of the India–EFTA Trade and Economic Partnership Agreement (TEPA) on 1 October 2025, and both sides underlined the importance of TEPA in advancing economic cooperation between India and Norway.
Source: pib.gov.in
India Expands Export Relief After Hormuz Tensions Adds Egypt & Jordan To Shield Trade Routes.
India has expanded its export relief scheme amid rising tensions in the Strait of Hormuz after Iranian action against Indian vessels. Egypt and Jordan have been added, taking total coverage to twelve nations. The move aims to protect exporters from rising freight costs and risks, offering enhanced insurance coverage and financial support during ongoing disruptions in West Asia shipping routes.
Source: timesofindia.indiatimes.com
'We Will Not Share': India Exporting 1% Of Its Mango Gets Gold Memes Online.
India is home to about 1,000 varieties of mangoes, although only a few are commercially cultivated. The country produces around 24 million metric tonnes or more of mangoes annually, accounting for nearly half of the world's total mango production. Despite this, only a very small portion of Indian mangoes makes its way to international markets. Less than 1% of the mangoes grown in India are exported. India is, in fact, the world's largest consumer of mangoes, with most of its produce being consumed domestically.
Source: food.ndtv.com
India stores 21 banana containers during export disruptions.
Fresh & Healthy Enterprises (FHEL), a subsidiary of Container Corporation of India, stored and managed 21 containers of bananas for up to one month during disruptions linked to the 2026 conflict, ensuring all consignments were dispatched within shelf life without quality complaints. The disruption affected Indian export routes, leading to the redirection of containers from Iran and the Gulf region. Fauji EXIM was required to manage 21 containers of bananas that were returned during transit without a confirmed destination.
Source: freshplaza.com
Indian Ladakh apricot exports to rise under new agreement.
The agreement follows efforts to promote the region's GI-tagged 'Raktsey Karpo' and the local 'Halman' apricot varieties. Under the arrangement, around 1,000 metric tons of apricots will be exported this season, compared to 1,500 kg exported over the past two years.
Source: freshplaza.com
Haryana rice exporters seek withdrawal of Rs 70 levy on basmati exports.
Haryana Rice Exporters Association urged the Union Commerce Ministry Secretary and Chairman of Agricultural and Processed Food Products Export Development Authority (APEDA) to immediately suspend or withdraw the Basmati Export Development Fund (BEDF) and the levy of Rs 70 per metric tonne plus GST on basmati rice exports. In a letter to Abhishek Dev, Chairman, APEDA, Ministry of Commerce and Industry, the association highlighted the severe financial and operational stress faced by exporters due to global disruptions and rising costs.
Source: tribuneindia.com
Govt strengthens DGFT Norms Committees to speed up export authorisations, cut delays.
The Ministry of Commerce and Industry has introduced a set of reforms to improve the functioning of Norms Committees under the Directorate General of Foreign Trade (DGFT), aimed at faster disposal of Advance Authorisation applications and easing process for exporters. In an official statement, the ministry stated that the move comes as part of the government's broader push to enhance ease of doing business and reduce delays in approvals under export-linked schemes.
Source: economictimes.indiatimes.com
India's trade gap may widen in FY27 amid global and oil risks: Report.
While India's March 2026 trade deficit came in lower than expected, Yes Securities has cautioned that underlying factors point to a likely widening in the coming months, driven by external shocks, slowing global demand, and structural pressures on the import bill. The report noted that 'India's March trade deficit surprised at only USD 21 bn,' aided by a temporary compression in imports and a sequential recovery in exports. However, it emphasized that this improvement may not be sustained.
Source: economictimes.indiatimes.com