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Aug 14, 2025 India's population is its strength, will tap new markets: Agriculture Minister Shivraj Chouhan on Trump tariffs. Union Agriculture Minister Shivraj Singh Chouhan on Tuesday lauded Prime Minister Narendra Modi for his determination to protect the interests of farmers despite tariff pressure from the Donald Trump administration in the US. The Bharatiya Janata Party (BJP) leader said it has been decided that there will be no compromise with the interests of the farming community. Source: livemint.com
Aug 14, 2025 India looking to build new ties with South Dakota through agriculture and trade. India and South Dakota may be worlds apart, but leaders are looking to build new ties through agriculture and trade. Prakash Gupta, the consul general of India based in Seattle, is in Sioux Falls this week for the Midwest Agricultural Export Summit. He says India sees big potential in partnering with South Dakota — especially in ag tech — and hopes to bring Indian goods like mangoes and coffee to the region. Gupta is also pushing for a South Dakota trade mission to visit India soon. Despite high tariffs, he’s optimistic about the future of U.S.-India trade talks. Source: kelo.com
Aug 14, 2025 Almonds: diverging export market trends. July marked another strong export month for US almonds. At 197.150 million pounds total shipments stood 10% higher than the 179.43 million pounds recorded in July 2024. Domestic shipments thereby declined by 6%, from 53.10 million pounds in July 2024 to 50.15 million pounds in July 2025. Exports rose by 16% from 126.3 million pounds to 147 million pounds. Source: mundus-agri.eu
Aug 14, 2025 ‘Sweet aroma of new opportunities’: Basmati exporters eye Middle East, other markets amid US tariff challenge. With most of the over 60 lakh metric tonnes of Basmati exported from India coming from Punjab and Haryana, exporters are worried about the challenges posed by the latest US tariffs and how it would impact the industry. After the newly announced 25 per cent additional tariff, India has now joined Brazil at the top of the list of countries facing the highest import taxes under President Donald Trump’s tariff regime. Source: indianexpress.com
Aug 14, 2025 Top 10 countries India exporting merchandise to in 2024: US, UAE, and more. Amid rising global economic instability, marked by trade conflicts and tariff disputes, India’s exports have reached USD 778.21 billion in 2023-24. It saw a historic rise of 67 per cent over the past decade (2013-14), according to a Press Information Bureau (PIB) press report by the Ministry of Commerce and Industry. Source: indianexpress.com
Aug 14, 2025 Commerce, finance ministries in talks for 2,250 crore export boost mission. The commerce and finance ministries are in dialogue for the Rs 2,250 crore export promotion mission, with the Expenditure Finance Committee expected to take it up soon, an official said on Wednesday.The mission was part of budget announcements but has gathered urgency in the wake of the possible adverse impact of US tariffs on India's exports. The commerce department has already prepared a blueprint, which focuses on expanding the number of exporters, especially MSMEs, while supporting first time exporters.A key thrust is on export finance and putting in place new tools, while also dealing with non-tariff barriers erected by other countries. Facilitation of overseas warehousing and global branding initiatives to tap emerging export opportunities were the other thrust areas of the plan.Some of it may, however, need to be tweaked, amid demand for bigger support from exporters, particularly in labour intensive ones, such as textiles and footwear. 'The committee, under the finance ministry, will soon take up the proposal. After its approval, it will go to the Cabinet,' the official said. Commerce and industry minister Piyush Goyal has held a series of stakeholder meetings to understand challenges, which they are facing due to high US tariffs on Indian goods. Source: timesofindia.indiatimes.com
Aug 14, 2025 Italy starts £432m export finance fund to boost trade with India. The plan, administered by Italian export finance agency SIMEST, is part of a wider push to boost Italian trade with the Global South, the government has said – especially as many fear losing Western markets due to shrinking demand and new tariffs. Source: tradefinanceglobal.com
Aug 14, 2025 Kerala plans food parks in a tie up with universities to foster innovation, growth: Minister Rajeeve. Kerala is planning to establish food parks in collaboration with universities to create new opportunities for innovation and growth in food processing sector, P Rajeeve, the State’s Industries Minister has said. Inaugurating Kerala Agricultural University’s Agri Business Incubator (ABI) programme, the Minister said Kerala is among the few States to have met the PMFME scheme’s expected targets. The programme is being implemented by the Kerala Bureau of Industrial Promotion (K-BIP) under the Department of Industries & Commerce, in partnership with KAU, with Centre–State funding shared in 60:40 ratio, he said. Source: thehindubusinessline.com
Aug 14, 2025 Ladakh Halman apricots enter Gulf. As the apricot harvest peaks in the cold desert of Ladakh, a major shipment of premium fruit has been exported to Gulf countries. For the first time, a consignment of 1.5 metric tonnes of Halman apricots has been sent to Saudi Arabia, Kuwait and Qatar. Source: thehindubusinessline.com
Aug 14, 2025 Sugar trade body AISTA seeks export quota reform to boost shipments. Sugar trade association AISTA on Wednesday requested the government to allocate export quotas only to mills willing to ship from their own facilities, saying the current system hampers exports and hurts mill profitability. The All India Sugar Trade Association (AISTA) said the existing quota system, which distributes limited export allocations to all mills based on past production, allows remote or export-reluctant mills to sell their quotas to others, leaving substantial quantities unexported. Source: thehindubusinessline.com
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