28 May, 2025
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US-India trade pact to open new market access and energise exports: Finmin report.
A successful US-India bilateral trade agreement could flip current headwinds into tailwinds, opening up new market access and energising exports, said a report by the finance ministry on Tuesday. India and the US are likely to agree on an interim trade agreement before July 8 with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods. The US on April 2 imposed an additional 26 per cent reciprocal tariff on Indian goods but suspended it for 90 days till July 9. However, the 10 per cent baseline tariff imposed by America remains in place.
Source: economictimes.indiatimes.com
28 May, 2025
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GI-Tagged Brinjal with High Yields and Higher Profits.
Ramnagar Bhanta, a distinctive variety of brinjal native to the Varanasi region of Uttar Pradesh, is more than just a crop—it is a symbol of cultural heritage, traditional farming, and culinary richness. Cultivated primarily in the districts of Varanasi, Mirzapur, Chandauli, and Sonbhadra, this winter-season vegetable is cherished for its unique taste, exceptional size, and remarkable nutritional benefits.
Source: krishijagran.com
28 May, 2025
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Traders visit Samrala port, get hands-on experience of export biz.
Dozens of aspiring exporters took part in a practical training visit to the pristine inland container depot (ICD), also known as a dry port, in Samrala's Bija village recently. The visit was part of an export training programme organised by the Chamber of Industrial and Commercial Undertakings (CICU) to provide hands-on experience and knowledge of the export process to budding entrepreneurs and MSMEs.Many participants said they were learning about exports for the first time.
Source: timesofindia.indiatimes.com
28 May, 2025
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Trade pacts, Red Sea route resumption to aid India’s FY26 exports to $1 trn: FIEO.
India’s overall goods and services exports are expected to reach $1 trillion in FY26 aided by more trade agreements with key trade partners coming into force amid Indian export consignments having gradually started moving through the Red Sea route again, Federation of Indian Export Organisations (FIEO) said Tuesday. In 2024-25, India’s exports were $825 billion. FIEO President S C Ralhan said that merchandise exports will increase to $525-535 billion this fiscal from $437 billion, led by electronics, agriculture and petroleum products while services exports are seen rising to $465-475 billion from $387 billion.
Source: economictimes.indiatimes.com
28 May, 2025
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Application invited for Setting up of multi-product Food Irradiation units.
Ministry of Food Processing Industries, Government of India, has invited proposals through Expression of Interest (EoI) dated 27.05.2025 under the Scheme for Cold Chain and Value Addition Infrastructure (Cold Chain scheme) of PRADHAN MANTRI KISAN SAMPADA YOJANA (PMKSY) from eligible entities (prospective entrepreneurs) across the country for setting up of multi product Food Irradiation units.
Source: pib.gov.in
28 May, 2025
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Ludhiana farmer earns profit from organic wheat and promotes chemical-free agriculture.
Once a purchase manager in Abu Dhabi, 70-year-old Sucha Singh Pabla has traded corporate life for crop rows — and is now reaping rich rewards from organic farming in rural Punjab.Farming on 32 acres in Sherpur Bet, Machhiwara, Pabla cultivated organic wheat on 27 acres this year, harvesting nearly 200 quintals and earning about Rs.7 lakh — a 50% profit margin over input costs, he told The Times of India. What sets his approach apart is not just the yield, but the principle.
Source: timesofindia.indiatimes.com
28 May, 2025
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India's trade deal with US could unlock new export and market opportunities: Finance ministry report.
India and the US are in trade agreement negotiations, aiming to boost exports and market access. India seeks exemption from US tariffs, while the nation's economy demonstrates resilience with strong domestic fundamentals and government capital expenditure. Despite global uncertainties, India remains the fastest-growing major economy, with positive inflation outlook due to favorable monsoon forecasts and softening food prices.
Source: timesofindia.indiatimes.com
28 May, 2025
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At SWASTH Workshop, MoFPI Secretary Advocates Tech-Driven Nutrition Tracking, Urges NIFTEM-K to Lead Innovation.
Ministry of Food Processing Industries (MoFPI), in collaboration with the National Institute of Food Technology Entrepreneurship and Management (NIFTEM-Kundli), organized a one-day workshop titled SWASTH (Stakeholders Workshop on Actionable Strategies for Tackling HFSS and UPF). The workshop focused on 'Shedding Light on Science, Consumption, and Choices in Modern Food.'
Source: pib.gov.in
28 May, 2025
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Govt allocates Rs 18,233 cr under RoDTEP scheme for exporters for 2025-26.
The government has allocated Rs 18,233 crore under the export benefit scheme RoDTEP in the current financial year for over 10,750 product categories, an official statement said on Tuesday. As of March 31, 2025, total disbursements under the RoDTEP scheme have crossed Rs 57,976.78 crore. The government also said that the benefits under the scheme for exports of goods manufactured in special economic zones and export-oriented units are restored from June 1 this year.
Source: economictimes.indiatimes.com
28 May, 2025
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Air India ships 1000 tonnes of Indian mangoes to 31 countries in April.
Air India transported close to 1,000 tonnes of Indian mangoes in April 2025 to destinations across Europe, North America, and the Middle East, according to an official release. The movement reflects rising global demand for Indian mango varieties during the summer export season. The Indian airline shipped popular types of mangoes, such as Alphonso from Maharashtra and Safeda and Dussehri from Uttar Pradesh. According to the company statement, over 75% of the mangoes originated in Western India and were delivered to 43 destinations in 31 countries.
Source: stattimes.com