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Apr 29, 2025 India will be fiercely competitive on many products due to comparative matrix of tariffs: Jyotiraditya Scindia. The current global tariff environment notwithstanding, India is expected to stay competitive due to its vast domestic market, scale advantages, and focus on innovation, Union Minister Jyotiraditya Scindia has said, asserting that seen even from the lens of a comparative matrix of tariffs vis-a-vis other nations, India holds a more favourable position. In a recent interview to PTI, Scindia - who is the Minister for Communications as well as Development of North Eastern Region (DoNER) -noted that given that other nations too face varying levels of tariffs, India will likely emerge "fiercely and much more competitive" across numerous products than before. Source: economictimes.indiatimes.com
Apr 29, 2025 UP aims to triple exports to Rs 5 lakh cr in next five years with help of new policy. Uttar Pradesh is working on a policy to promote exports and triple the outbound shipment from the state to over Rs 5 lakh crore in the next five years by tapping new markets and products. To achieve the target, the state government is working on a new export policy for 2025-30 which is expected to be approved soon. Source: economictimes.indiatimes.com
Apr 28, 2025 Goyal’s visit to London, Oslo and Brussels to boost trade ties starts today. Commerce and Industry Minister Piyush Goyal’s visit to London, Oslo, and Brussels to boost trade ties will begin on April 28 (Monday), according to an official. This five-day visit is aimed to further boost India’s trade and investment ties with the UK, Norway, and the EU, the official said. The London visit is key as the negotiations for the proposed FTA between India and the UK are progressing towards the final stages. Source: millenniumpost.in
Apr 28, 2025 India and Peru: Distance only makes our economic ties grow stronger. For an Indian, Peru is far away geographically, nestled as it is on the Pacific coast of South America, but also in terms of its presence in public discourse. Yet, its economic ties with India have grown rapidly, with trade having risen from $66 million in 2003-04 to $4 billion in 2023-24; and there is greater potential to be tapped. Source: livemint.com
Apr 28, 2025 India seeks new trade opportunities with Croatia, Netherlands to diversify trade partnerships. In an effort to diversify its trade partnerships and explore new markets, India has actively engaged with Croatia and the Netherlands. Commerce Secretary Sunil Barthwal met Zdenko Lucic, State Secretary for Foreign Trade and Development at the Ministry of Foreign And European Affairs in Zagreb, on April 22, 2025, strengthening bilateral trade ties and exploring investment opportunities, a post on social media platform X by the Indian embassy in Croatia, said. 'Team India and Croatia engaged in fruitful discussions during the meeting,' the post by India In Croatia read. Source: zeebiz.com
Apr 28, 2025 Indian Delegation visits Pretoria, South Africa for the second session of the India-South Africa JWGTI. A nine member delegation held the Joint Working Group on Trade and Investment meeting with the South African side in Pretoria, South Africa on 22nd – 23rd April, 2025. The discussions were held in a cordial and friendly atmosphere and were fruitful. There was enthusiastic response towards greater cooperation, addressing pending issues, boosting trade and investment, greater people to people contacts. Source: pib.gov.in
Apr 28, 2025 India cuts post-harvest losses, eyes global leadership in food processing. The government on Friday said that various schemes to promote food processing have helped reduce post-harvest losses in fruits and vegetables over the last five years while emphasising the need to further develop the sector to boost farmers' income and meet growing food demand. Food Processing Industries Minister Chirag Paswan, speaking at the SUFALAM event organised by NIFTEM-Kundli in Haryana, said the food processing sector has a crucial role in achieving India's goal of becoming a developed nation by 2047. Source: thehindubusinessline.com
Apr 28, 2025 Union Minister Chirag Paswan Inaugurates SUFALAM 2025, Calls for Innovation-Driven Food Ecosystem. The Ministry of Food Processing Industries (MoFPI), in collaboration with NIFTEM-Kundli, inaugurated the second edition of SUFALAM 2025 (Start-Up Forum for Aspiring Leaders and Mentors) today at the NIFTEM-K campus. The two-day conclave is a pivotal initiative aimed at strengthening India’s food processing sector through innovation, entrepreneurship, and collaboration, and aligns with the national vision of Atmanirbhar Bharat. Source: pib.gov.in
Apr 28, 2025 India, Netherlands discuss ways to boost trade, investments. India and European nation Netherlands have discussed ways to boost trade and investments ties during the visit of Commerce Secretary Sunil Barthwal to Hague. The visit assumes significance as India's exports to Netherlands are recording healthy growth despite global economic uncertainties. 'Commerce Secretary Mr. Sunil Barthwal & Ambassador @ktuhinv met DG Foreign Economic Relations Mr. Michiel Sweers in The Hague to discuss strengthening bilateral trade and economic ties. Discussions focused on enhancing collaboration through the joint trade and investment committee (JTIC) and advancing strategic economic cooperation,' the department of commerce said in a post on X. Source: economictimes.indiatimes.com
Apr 28, 2025 Pakistan ally Azerbaijan increases flights and trade with India. Azerbaijan, a traditional ally of Pakistan, has sought to expand people-to-people ties with India by launching Ahmedabad-Baku flights from July, in addition to the operational Delhi-Baku and Mumbai-Baku flights, in what could be a confidence-building measure between India and the former Soviet republic. Azerbaijan's national air carrier, AZAL, will launch direct regular flights from Baku to Ahmedabad from July 4, according to people familiar with the matter. Flights will be operated four times a week - on Tuesdays, Thursdays, Fridays and Sundays - they said. The development comes close on the heels of Azerbaijan - among the few landlocked countries to operate a cargo ship in high seas - sending a cargo ship to deliver soda ash to the southern Indian ports. Source: economictimes.indiatimes.com
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