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Jan 23, 2026 EU suspends export benefits for certain Indian goods ahead of key FTA conclusion. The European Union (EU) has suspended export benefits for certain Indian goods, including labour-intensive textiles, gems, jewellery, chemicals, plastics, metals, and transport equipment. While the move will impact shipments to the 27-nation bloc just as both sides aim to conclude Free Trade Agreement (FTA) talks next week, the government maintains that this is a continuation of the existing system and will not create a fresh impact. Source: economictimes.indiatimes.com
Jan 23, 2026 Trade ministers meet to lay groundwork for WTO ministerial conference. Trade ministers from various countries and WTO Director General Ngozi Okonjo-Iweala held a meeting here on Thursday to discuss key issues before the 14th WTO Ministerial Conference in March. According to a statement from the Swiss government, which hosted the meeting, they discussed the role of the WTO in addressing global trade policy challenges. Source: economictimes.indiatimes.com
Jan 23, 2026 India's 2025 coffee exports rise 22.50% in value terms; volumes fall 4.47%. India's coffee exports declined in volume by 4.47 percent to 3.84 lakh tonnes in the 2025 calendar year, but rose 22.50 percent in value terms to USD 2,058.06 million, Coffee Board data showed. In volume terms, the shipments declined from 4.02 lakh tonnes in 2024. Source: economictimes.indiatimes.com
Jan 23, 2026 Germany sees India-EU deal as chance for 'great powers' to unite. Days before the signing of a free trade agreement between India and the European Union, German Chancellor Friedrich Merz on Thursday said 'the era of great powers' presents an opportunity for countries favouring regulations to join forces against protectionism and isolationism. Source: economictimes.indiatimes.com
Jan 23, 2026 Centre approves purchase of 1.01 lakh tonnes of chana at MSP in Karnataka. The Agriculture Ministry has approved procurement of 1.013 lakh tonnes of chana (bengal gram) at minimum support price (MSP) for the rabi marketing season 2026-27 in Karnataka. Source: thehindubusinessline.com
Jan 23, 2026 UAE agrees to set up major food cluster in Andhra Pradesh. In a significant boost for India’s food processing sector, the United Arab Emirates (UAE) has agreed to establish a dedicated food cluster in the southern Indian state of Andhra Pradesh. The agreement was reached during high-level discussions between Andhra Pradesh Chief Minister N. Chandrababu Naidu and UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri on the sidelines of the World Economic Forum (WEF) 2026 in Davos, Switzerland. Source: fnbnews.com
Jan 23, 2026 India’s Frozen Fries Exports Soar: US, China and South Korea Markets Witness Record Growth and Premium Prices. India is increasingly recognized as a significant presence in the global potato processing sector and is now counted among emerging French fry producing countries. Along with China, Egypt, and Turkey, India’s rise is contributing to tighter global frozen fries markets and increasing competitive pressure on traditional European suppliers. Source: potatopro.com
Jan 23, 2026 India asks overseas missions to step up export push as tariff pressures mount: Report. Senior officials from the PMO and the commerce department have held at least five high-level meetings in recent weeks with Indian missions, the Ministry of External Affairs (MEA) and trade bodies, underscoring the need for deeper trade engagement in both goods and services, the Times of India reported on Friday, citing officials familiar with the discussions. Source: firstpost.com
Jan 23, 2026 India’s exports to China grows 37% in first 9 months of 2025-26 as ties warm up. India’s exports to China have surged in the first nine months of the current financial year, reflecting a mix of thawing bilateral ties, shifting global supply chains and New Delhi’s efforts to cushion the blow from steep US tariffs imposed under President Donald Trump. Source: firstpost.com
Jan 23, 2026 Karnataka mango output expected to rise 20% in 2026. Mango production in the Indian state of Karnataka is expected to rise by nearly 20 per cent this season, supported by favourable weather conditions during the flowering stage. After four consecutive years of erratic climate patterns, growers across the state are reporting improved orchard conditions. In the previous season, mangoes were cultivated on more than two lakh hectares, and total output reached around 10 lakh tons. Source: freshplaza.com
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