23 May, 2025
Processed food products exports surge 15% in April. India’s export of agricultural and processed food products have commenced on a brisk note in the current fiscal with the shipments rising by over 15% to $2.13 billion in April, 2025 on year. The rise in farm-sector shipments were driven primarily by a sharp increase in exports of rice, meat and fruits and vegetables last month. Source: financialexpress.com |
23 May, 2025
India eyes new markets after record-breaking exports: Tea Board. India's tea exports have reached a record high, with the country exporting 255 million kilograms of tea worth $924 million in 2024. To sustain this growth, the Tea Board of India is exploring new international markets while maintaining traditional ones. Source: economictimes.indiatimes.com |
22 May, 2025
Haryana State Level Sanctioning Committee Approves Rs. 1267.49 Crore Annual Plan to Boost Agriculture and Horticulture Sectors. The Haryana State Level Sanctioning Committee (SLSC) of Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) convened under the chairmanship of Chief Secretary Mr. Anurag Rastogi has approved the annual plan worth Rs. 1267.49 crore for the year 2025-26. This substantial funding aims to propel the field of agriculture and horticulture in the state to new heights. Source: en.krishakjagat.org |
22 May, 2025
India unveils SPICED scheme to promote sustainable, value-added spice exports. The Spices Board has announced the launch of the 'Sustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development (SPICED)' scheme for the financial year 2025–26. The scheme offers financial assistance across various components, aiming to enhance sustainability, foster innovation, and promote export development in the Indian spices sector. Online applications will open on May 26. Source: thehindubusinessline.com |
22 May, 2025
European buyers insist on EUDR compliant coffee from July 1. European buyers have started insisting that the coffee shipped by Indian exporters from July 1 to be compliant with the European Union Deforestation Regulation (EUDR) norms. The buyers’ stance to import EUDR compliant coffees at least six months ahead of the enforcement of proposed EUDR norms, which are set to come into effect from Dec 30, 2025, may pose challenges to the Indian coffee shipments especially the robustas as a major section of the growers and exporters are yet to gear up to comply to the proposed norms. Source: thehindubusinessline.com |
22 May, 2025
India Assumes Chairmanship of Asian Productivity Organization at 67th Governing Body Meeting in Jakarta. India has formally assumed the Chairmanship of the Asian Productivity Organization (APO) for the 2025–26 term during the ongoing 67th Session of the Governing Body Meeting (GBM) of the APO, being held from 20–22 May 2025 in Jakarta, Indonesia. The Indian delegation is led by Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), and APO Director for India, Shri Amardeep Singh Bhatia, IAS. Source: pib.gov.in |
22 May, 2025
Tea Board looking at tea tasting certification course to skill youth: Commerce secretary Sunil Barthwal. The Tea Board of India will explore the possibility of launching certification courses in tea tasting to skill the youth and promote tea literacy and tourism in the sector, commerce secretary Sunil Barthwal said Wednesday on the International Tea Day. 'The Tea Board is trying to take steps to establish a centre for tea tasting certification courses in the country,' Barthwal said, adding that this will also contribute to promoting tea tourism. Source: economictimes.indiatimes.com |
22 May, 2025
India seeks full exemption from US' 26% reciprocal tariffs in interim trade pact. India and the US are likely to announce an interim trade agreement before July 8, the day Washington's 26% reciprocal tariffs are due to come into force, an official said Wednesday. New Delhi is seeking full exemption from the additional 26% reciprocal tariffs on domestic goods, the official said, adding India will protect its sensitive sectors through quotas or minimum import price. Source: economictimes.indiatimes.com |
22 May, 2025
Trading with India will be 'quicker, cheaper, easier' post-FTA, says UK. It will be 'quicker, cheaper and easier' for British companies to trade with India as a result of the bilateral Free Trade Agreement (FTA) struck earlier this month, the UK government said on Wednesday. Business and Trade Secretary Jonathan Reynolds described the FTA as the 'best deal India has ever agreed to' as he convened a revamped advisory board for its first meeting, tasked with boosting exports to grow the UK economy. Source: economictimes.indiatimes.com |
22 May, 2025
South African citrus exports to India triple to 30,000 tons. South African seedless citrus is making inroads into the Indian market, largely due to increasing demand for easy-peel varieties such as oranges and mandarins. Exporters and logistics providers are adopting innovative strategies to navigate regulatory and logistical challenges, ensuring the availability of citrus during India's off-season. Source: freshplaza.com |