India among best-performing G20 nations in meeting sustainability commitments: Shri Piyush Goyal at CII’s 20th Global Sustainability Summit.
India is one of the best-performing G20 nations in meeting our sustainability commitments. This was said by Union Minister of Commerce and Industry, Shri Piyush Goyal, at CII’s 20th Global Sustainability Summit in New Delhi, today.
Source: pib.gov.in
Indian ‘s rice procurement up 4% in 11 months until August.
India’s rice procurement in the 2024-25 season (October-September) has reached 545.22 lakh tonnes (lt) until August 31, up from 525.22 lt a year ago. Due to higher procurement, the government is now planning a roadmap to dispose of as much surplus grain as possible. The Food Corporation of India (FCI) has already allowed traders to buy a minimum of 1 tonne of rice directly from a depot at the reserve price.
Source: thehindubusinessline.com
India deepens trade ties with Russia and China.
Xi addressed the summit with a speech criticizing 'Cold War mentalities' and 'bullying,' without directly naming U.S. President Donald Trump. He later announced a 'Global Governance Initiative,' calling for a system that promotes integration rather than decoupling. The summit concluded with the Tianjin Declaration, where members opposed 'unilateral coercive measures,' including economic ones, that undermine international law and run counter to WTO and UN norms.
Source: freshplaza.com
Bilateral trade ties with India will continue to grow, says Deputy High Commissioner of South Africa.
In an exclusive interview with ANI, Cedrick C Crowley, Deputy High Commissioner of South Africa in India said that South Africa and India has a joint strategic partnership under India's prime minister Narendra Modiji and is continuing to grow. 'Our trade relations see significant progress. Of course, there is scope of further development and that's negotiation is going on between our trade ministries,' he said on the sidelines of the COP30 event here today.
Source: tribuneindia.com
Hope to finalise US trade pact by November, says Piyush Goyal.
Commerce and industry minister Piyush Goyal on Tuesday expressed hope India would conclude the proposed bilateral trade agreement (BTA) with the US this fall or by November. Trade negotiations with the European Union are at an advanced stage and relations with China are 'returning to normal' as border tensions ease, the minister said.
Source: economictimes.indiatimes.com
Session at Varanasi airport to boost agri exports.
The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce and Industry, organised a Capacity Building-cum-Brainstorming Programme at Lal Bahadur Shastri International (LBSI) Airport, Varanasi, with the objective of strengthening agricultural exports from the region.The programme was chaired by divisional commissioner S Rajalingam and saw active participation from senior officials of the Airport Authority of India, Department of Horticulture, Department of Agriculture, Krishi Vigyan Kendras (KVKs), Plant Quarantine (PQ), as well as eminent scientists from institutions such as the International Rice Research Institute (IRRI) and the Indian Institute of Vegetable Research (IIVR).
Source: timesofindia.indiatimes.com
Odisha lemons exported to United Kingdom for first time.
Farmers in Chendipada of Odisha's Angul district have exported lemons to the United Kingdom for the first time. Around 500 acres (202 hectares) in the region are under lemon cultivation, where the crop is considered an agricultural lifeline. Until now, farmers faced difficulties due to the absence of proper marketing facilities. They sold lemons for Rs20 to Rs30 per hundred fruits (US$0.24–0.36), often below labour costs, with many fruits left to rot.
Source: freshplaza.com
APEDA plans to identify and nurture 25 promising agri startups across India.
APEDA has spearheaded a remarkable transformation, as its scheduled products exports have emerged from a modest $0.6 billion in 1987-88 to a staggering $28.60 billion in FY 2024-25. This exponential growth underscores APEDA’s relentless commitment to diversifying and expanding India’s export basket across over 200 countries.
Source: agrospectrumindia.com
European buyers bought more Indian basmati this year as Pakistan’s was expensive, says Tilda brand owner Ebro.
European buyers purchased more basmati from India this year than from Pakistan, as the latter was $250 a tonne more expensive, according to Graham Carter, Managing Director of Ebro India Pvt Ltd. 'Pakistani basmati was consistently $250-plus more expensive than Indian this year. Two years ago, we had the reverse. India was $200 more expensive than Pakistan,' he told businessline in an online interaction.
Source: thehindubusinessline.com
Andhra Pradesh targets Rs 30,000-crore investments in food processing, eyes 3 lakh jobs.
Andhra Pradesh Chief Minister N. Chandrababu Naidu has unveiled an ambitious roadmap to transform the state into a global food-processing hub, setting a target of Rs 30,000 crore in investments and three lakh new jobs under the newly announced AP Food Processing Policy 4.0. Speaking at the India Food Manufacturing Summit in Visakhapatnam, Naidu said the state’s unique strengths in agriculture and aquaculture give it a natural edge. 'Andhra Pradesh contributes 15.6% of India’s fruit production and nearly 32% of seafood exports. With our multi-climatic zones and rich crop diversity, we can become a world leader in food exports,' he said.
Source: fnbnews.com