1. Home
  2. Market Intelligence
  3. Market News
Archive
Aug 08, 2025 News Image Schemes to Incentivize Food Processing Units.
In order to incentivize setting up/expansion of Food Processing infrastructure, Ministry of Food Processing Industries (MoFPI) is implementing two Central Sector Schemes namely Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) and Production Linked Incentive Scheme for Food Processing Industry (PLISFPI). Further, a Centrally sponsored scheme namely PM Formalization of Micro Food Processing Enterprises (PMFME) scheme is also being implemented by MoFPI.
 Source:  pib.gov.in
Aug 08, 2025 News Image R&D Initiatives for Developing Food Processing Technologies.
The Ministry of Food Processing Industries (MoFPI) does not undertake Research and development work on its own. However, MoFPI is implementing a Research and Development Scheme, which is a part of Human Resource & Institutions Scheme under the umbrella scheme i.e. Pradhan Mantri Kisan SAMPADA Yojana (PMKSY). Under the scheme, financial assistance as Grant-in-aid is given to various Universities, IITs, Central/ State Government Institutions, Government funded organizations, R&D laboratories and CSIR recognized R&D units in private sector to promote and undertake demand driven R&D work in food processing sector. The objective of the scheme is to benefit food processing industry in terms of product and process development, efficient technologies, improved packaging, value addition etc. with commercial value along with standardization of various factors viz. additives, colouring agents, preservatives, pesticide residues, chemical contaminants, microbiological contaminants and naturally occurring toxic substances within permissible limits.
 Source:  pib.gov.in
Aug 08, 2025 News Image MoFPI Approves 1,601 Projects Under PMKSY; Rs.6,411 Crore Grant-in-Aid Disbursed as of June 2025.
The Ministry of Food Processing Industries (MoFPI) is implementing a Central Sector Umbrella scheme 'Pradhan Mantri Kisan SAMPADA Yojana (PMKSY)'. As on 30.06.2025, under the various component schemes of PMKSY, 1601 projects have been approved and Grant-in-aid of Rs. 6411.61 Crores has been disbursed/released to these projects.
 Source:  pib.gov.in
Aug 08, 2025 News Image Govt may focus on extending support measures to sectors hit hard by US tariffs.
The government may prioritise support measures for sectors, like textiles and chemicals, which would be severely impacted by the US tariffs, under the export promotion mission, industry sources said on Thursday. The issues were discussed in the commerce ministry's consultations with exporters from the textiles and chemicals sectors to assess the impact and explore possible support measures, they added.
 Source:  economictimes.indiatimes.com
Aug 07, 2025 News Image Philippines delegation agrees to boost food imports from India: IREF.
A high-level delegation from the Philippines has discussed with APEDA and the Indian Rice Exporters Federation to boost imports of key Indian food products, an industry official said on Wednesday. The agreement includes a commitment from the Philippines to prioritise increased imports of essential items from India, such as rice, buffalo meat, vegetables, fruits, and peanuts, Indian Rice Exporters Federation Chairman Prem Garg said in a statement.
 Source:  ptinews.com
Aug 07, 2025 News Image World’s Top Rice Buyer Philippines Halts Imports for 60 Days.
The Philippines will suspend rice imports for 60 days from Sept. 1 to support local farmers, a move that could further pressure global prices as the top buyer of the grain pulls back from the market. President Ferdinand Marcos Jr. issued the order to protect farmers reeling from low paddy rice prices during the harvest currently underway, Presidential Communications Office Secretary Dave Gomez said in a statement on Wednesday.
 Source:  bloomberg.com
Aug 07, 2025 News Image FSSAI And Ministry Of Ayush Release Definitive List Of Ayurveda Aahara Products.
The Food Safety and Standards Authority of India (FSSAI), in collaboration with the Ministry of Ayush, has unveiled a comprehensive list of Ayurvedic food preparations classified under 'Ayurveda Aahara' as part of the Food Safety and Standards (Ayurveda Aahara) Regulations, 2022. This landmark initiative integrates India’s ancient dietary wisdom into modern regulatory frameworks, offering clarity to consumers and Food Business Operators (FBOs) while promoting the adoption of traditional Ayurvedic nutrition for enhanced public health.
 Source:  ddnews.gov.in
Aug 07, 2025 News Image UK–India FTA reimagines global trade post-Brexit.
India will phase out tariffs on 90% of UK exports — including iconic products like Scotch whisky, luxury cars, cosmetics, and medical devices. Whisky duties drop from 150% to 75% immediately, reducing further to 40% over the next decade. UK cars, once taxed at over 100%, now gain quota-based access at just 10%.
 Source:  hindustantimes.com
Aug 07, 2025 News Image GI tag sought for Madurai appalam, Thothal halwa.
The Tamil Nadu State Council for Science and Technology (TNSCST) has filed two applications seeking Geographical Indication (GI) tags for two popular local delicacies – the Madurai appalam and the Kilakarai Thothal halwa – in a bid to help local manufacturers maintain the quality and expand their markets. The GI application for Thothal halwa has been jointly filed by TNSCST and the Kilakarai Chellakani Thothal Association and for the Madurai appalam, by the TNSCST and the Appalam Vadagam Morvathal Manufacturers and Sellers Association, before the Geographical Indications Registry last week.
 Source:  newindianexpress.com
Aug 07, 2025 News Image CEHSI Hosts Strategic Roundtable on Smart Post-Harvest Solutions in New Delhi.
In a significant step toward enhancing India’s post-harvest ecosystem, the Centre of Excellence for Horticulture Skills in India (CEHSI) organised a one-day roundtable on 'Smart Post-Harvest Strategies: Value Enhancement, Loss Reduction, and Supply Chain Efficiency' at the India International Centre, New Delhi. The event served as a platform for high-level dialogue among policymakers, industry leaders, and academic institutions on unlocking efficiencies in the horticulture value chain through innovation and collaboration.
 Source:  global-agriculture.com