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Jun 18, 2025 News Image Shri Piyush Goyal Calls for Innovation-Driven Industrial Nodes with Dedicated Startup Zones, Global Investment Conclaves, and Real-Time Project Monitoring.
Union Minister of Commerce & Industry, Shri Piyush Goyal, chaired a high-level review meeting on 15th June 2025 at the Tobacco Board, Guntur, to assess the progress of NICDC-led industrial nodes in Andhra Pradesh under various industrial corridors. The review focused on the development of three major nodes in the state—Krishnapatnam Industrial Area under the Chennai–Bengaluru Industrial Corridor (CBIC), Orvakal Industrial Area under the Hyderabad–Bengaluru Industrial Corridor (HBIC), and Kopparthy Industrial Area under the Visakhapatnam–Chennai Industrial Corridor (VCIC).
 Source:  pib.gov.in
Jun 18, 2025 News Image Fresh India Show discusses India’s fruit market dynamics.
The Fresh India Show 2025, held June 13-14 at the CIDCO Exhibition Centre in Navi Mumbai, underscored India's pivotal role in the global fresh produce market. Mr. S Jafar Naqvi, Chief Coordinator of Media Today Group, New Delhi, opened the two-day event, highlighting India's status as the second-largest importer of fresh fruit, with imports valued at USD 1.74 billion in 2023-24. Discussions emphasized the influence of 300 million young, aspirational, and digitally connected consumers, fueling demand through trends like snackification, mid-meal snacking, and a preference for visually appealing, health-conscious food choices.
 Source:  freshplaza.com
Jun 18, 2025 News Image India's economy maintains growth momentum despite global uncertainties: Report.
India's economy continues to demonstrate resilience amid global uncertainties, as country's real GDP grew by 7.4 per cent in the fourth quarter of FY25, bringing full-year growth to 6.5 per cent, surpassing expectations, according to the recent report by CareEdge Economic Pathways report. The report also reflects that, although this marks a moderation from the 8.4 per cent average seen in the previous two years, the economy remains on a strong footing. Growth in FY26 is projected at 6.2 per cent.
 Source:  economictimes.indiatimes.com
Jun 18, 2025 News Image Kashmir plans apple freight via Vande Bharat.
The initiation of the Vande Bharat Express in Kashmir is reshaping logistics for local apple producers, providing a quicker transit solution to disseminate their produce across India while maintaining quality. Historically reliant on the frequently obstructed Srinagar-Jammu highway, the current rail enhancement offers a potentially transformative solution. Industry stakeholders envision a future 'Apple Express' freight service, optimizing apple transport distinct from previous cherry shipments, which faced logistical constraints due to perishability and transfer requirements.
 Source:  freshplaza.com
Jun 18, 2025 News Image India’s spirits high, exports higher: Whisky gets a global glow-up.
Indian whisky is hitting the high notes, drawing top billing not just by quantity but also quality. Single malts made in India are happily intriguing the connoisseur, while the less-fancied stuff is setting records by sales. Indians still drink much less liquor on average than other nationalities.
 Source:  economictimes.indiatimes.com
Jun 18, 2025 News Image New cold storage facility opened in India.
There has been much to improve when it comes to storing fruits and vegetables in India. As a result, Aeden Fruits has built a new cooling facility in order to keep the newly imported fruits as fresh as possible, says Mr. Kamaruddeen, managing director for Aeden Fruits. 'Imported fresh fruits into India deserve to be handled with utmost care and the right logistical requirements ensuring efficacy and quality till the last mile delivery or the last leg of every supply chain activity. This very need has made Aeden think about designing a model that will ensure that the fresh fruits imported into India will be handled and brought to the customer's plate with the same level of quality and freshness as the brand intended it to be consumed.'
 Source:  freshplaza.com
Jun 18, 2025 News Image India expects EU trade deal by year end as Cyprus pledges support.
India expects to finalise a free trade agreement with the European Union by the end of this year, Prime Minister Narendra Modi said on Monday, while Cyprus, which assumes the EU presidency in 2026, said better ties would be its priority. Modi, on an official visit to the east Mediterranean island, said there were unlimited possibilities in expanding economic ties with Cyprus in a visit aimed at pushing forward India’s global trade agenda.
 Source:  reuters.com
Jun 18, 2025 News Image No new tariffs after Bilateral Trade Agreement: India wants US assurance.
India wants an assurance from the US that no additional tariffs will be imposed by the Donald Trump administration once the bilateral trade agreement (BTA) is finalised, said people familiar with the matter. The deal is in the final stages of negotiation and both sides are hopeful of reaching accord quickly. India has sought concessions for labour-intensive sectors such as leather and textiles. 'We have put everything on the table,' said one of the persons, adding that India wants stability in tariffs once a deal is rolled out.
 Source:  economictimes.indiatimes.com
Jun 18, 2025 News Image Uttar Pradesh exports Dussehri mangoes to Dubai.
In an unprecedented move, Uttar Pradesh has embarked on exporting its renowned Dussehri mangoes directly to Dubai. On Sunday, a total of 1,200 kg, comprising 400 boxes, each containing 3 kg of mangoes, was sent from Lucknow's Mango Pack House to Dubai importer Vergro Trading LLC. The shipment is valued at US$ 2,992.
 Source:  freshplaza.com
Jun 18, 2025 News Image As EU's green trade rules kick in, India works policy shifts.
While India and the European Union (EU) are ready to close a key trade pact, various Indian ministries are working on several rulebook shifts to align with a slew of new, stricter 'green' regulations by the EU that will come into effect within a year and are bound to impact Indian trade across sectors from coffee export to import of scrap. The Union Ministry of Environment, Forests & Climate Change is at the forefront of the exercise, readying rulebook shifts and mechanisms to align with the incoming 'green' regime at the EU.
 Source:  economictimes.indiatimes.com