The humble banana along with ghee, furniture, office stationery and solar photovoltaic (PV) modules are spicing up India’s exports basket as, despite a small base, their shipments are growing fast. While engineering goods, pharmaceuticals, gems and jewellery, and electronics are the key drivers of goods exports, these new sectors are giving the country’s overseas sales that extra push.
Homegrown Indian liquor makers are mulling approaching food & beverages regulator FSSAI for a separate standard for the Indian single malt whisky that is rapidly scaling with the ongoing trend of premiumisation and has won several prestigious international awards. This will help maintain the reputation of Indian single malt whisky - now exported to 60 countries - and Indian producers are discussing the move, according to Confederation of Indian Alcoholic Beverage Companies.
The Government of Arunachal Pradesh encourages the cultivation of horticultural produce such as kiwi, avocado, dragon fruit, and persimmon under the umbrella scheme of Atmanirbhar Bagwani Yojna, wherein all the schemes are encompassed under a bank-linked credit subsidy scheme comprising time-bound implementation and participation from various stakeholders such as government, bank, project consultants and progressive farmers.
Union Agriculture Minister Shivraj Singh Chouhan on Wednesday said that the country's agriculture and allied sector is expected to grow at 3.5-4 per cent in 2024-25 marking a significant improvement from the 1.4 per cent rise recorded in FY24.
The Export Inspection Council of India (EIC), which came into being on 1st January, 1964, is a statutory body tasked with advising the government on quality control, pre-shipment inspection standards, and other related matters. Since its inception, the EIC has evolved to a key facilitator of India's export trade apart from the regulatory responsibility, enabling exporters to meet the stringent quality demands of international markets.