1. Home
  2. Market Intelligence
  3. Market News
Archive
May 23, 2025 News Image 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
May 23, 2025 News Image 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
May 23, 2025 News Image 'India, Oman close to signing trade pact'.
The proposed India-Oman comprehensive economic partnership agreement is close to conclusion except for a few issues that are yet to be resolved, an official said. The 'Omanisation' policy, which mandates employment of Omani nationals in the private sector, and its market access demands for petrochemical products are some of the remaining issues. New Delhi has insisted that the sector-specific quotas for compulsory employment of Omanis must be frozen at the current levels for India and not increased after CEPA is signed. This assumes significance as the quotas are periodically revised and can vary between 15% and 30%.
 Source:  economictimes.indiatimes.com
May 23, 2025 News Image Indian High Commissioner presents rice, edible oils to Trinidad.
The Indian government has donated 19,000 kilogrammes of rice and over 12,500 litres of edible oil to Trinidad and Tobago. According to Minister of Agriculture, Land and Fisheries, Ravi Ratiram, the intent of the donation is to support underprivileged and vulnerable communities across the nation.
 Source:  stabroeknews.com
May 23, 2025 News Image FSSAI makes closure report of food safety licences mandatory for FBOs.
Food Safety & Standards Authority of India (FSSAI), the food regulator of the country, has made it mandatory for food business operators (FBOs) to submit closure reports on the licences/registrations which expired in FY2024-25. In case the food safety licences/registrations have expired, the operators have to confirm that no food business activity is being conducted from the respective premises since the expiry of the licences. If in case they have renewed or obtained a new licence which needs to be recorded and if not renewed the reasons for non-renewal has to be furnished.
 Source:  hospitality.economictimes.indiatimes.com
May 23, 2025 News Image India set for record wheat harvest after favourable weather boosts yield.
India’s wheat output, which was threatened by the second-warmest February in over a century, is likely to be a bumper one this year as favorable weather during the crucial grain-filling stage improved yields. The world’s second-biggest grower is set for a record harvest as climatic conditions were good, and there were no reports of any major damage due to hailstorms or crop diseases, said Ratan Tiwari, director of state-run Indian Institute of Wheat and Barley Research. The increased use of climate-resilient, high-yielding seeds further helped in improving productivity, he said.
 Source:  business-standard.com
May 23, 2025 News Image India-US trade talks enter final stretch as agriculture, dairy remain key hurdles.
As Commerce Minister Piyush Goyal continues high-level talks in Washington to finalise a much-anticipated India-US trade agreement, former Indian Ambassador to the WTO, Jayant Dasgupta, has shed light on the sensitive issues holding back a breakthrough — with agriculture and dairy at the forefront.
 Source:  financialexpress.com
May 23, 2025 News Image India resumes U.S. mango exports after facility glitch.
India's mango exports to the United States have resumed smoothly following the resolution of a technical error at one of the country's main irradiation facilities. The error, discovered at the Maharashtra State Agricultural Marketing Board's Export Facilitation Centre in Vashi, led to the rejection of 25 metric tons of mangoes by U.S. authorities earlier in May. The issue, related to dosimetry readings during the irradiation process on May 8 and 9, disrupted shipments despite initial certification confirming compliance.
 Source:  freshplaza.com
May 22, 2025 News Image 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
May 22, 2025 News Image India’s mango exports to the US grow, irradiation operations normalised after data error: Official.
India’s mango exports to the US are growing and the irradiation operations at a key mango treatment facility in Mumbai have been normalised after a brief disruption due to a data recording error earlier this month, an official said Tuesday. The Mumbai-based irradiation facility, which handles the highest volume of mangoes destined for the US, faced an issue during the irradiation process conducted on May 8 and 9, 2025 which led to the rejection of 12 mango consignments by American authorities due to discrepancies in treatment data.
 Source:  economictimes.indiatimes.com