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Apr 28, 2025 News Image 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 News Image 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 News Image 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 News Image 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 News Image 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 News Image 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 25, 2025 News Image India, South Africa Explore Local Currency Trade - Economic Ties Strengthened.
India and South Africa have discussed possibility of settlement of trade in local currency and unified payment linkage system with a view to further strengthen economic ties, the commerce ministry said on Thursday. They also deliberated on the proposed India-SACU (Southern African Customs Union) preferential trade agreement.
 Source:  money.rediff.com
Apr 25, 2025 News Image Paper covers boost Andhra mango exports and quality.
In India, Andhra Pradesh is set to export approximately 10,000 metric tons of Baneshan mangoes, primarily to Gulf and South Asian markets. The use of paper covers has been instrumental in achieving this export volume. These covers, provided by horticulture authorities, are offered to mango farmers at a subsidized rate of $0.02 per cover, reducing exposure to infections, pests, and environmental factors such as sun, rain, and wind.
 Source:  freshplaza.com
Apr 25, 2025 News Image US Treasury Secy says India likely to be first to sign trade deal with Washington.
US Treasury Secretary Scott Bessent has said he expects India to strike the first bilateral trade deal to avoid President Donald Trump's reciprocal tariffs, according to the New York Post. A 26 per cent 'reciprocal' tariff on Indian exports to the US is currently on a 90-day pause, set to expire on July 8. However, like other countries, India is presently subject to a 10 per cent tariff under the existing policy.
 Source:  economictimes.indiatimes.com
Apr 25, 2025 News Image India likely to export up to 700,000 tons of sugar this season, ISMA member says.
India is likely to export 600,000-700,000 metric tons of sugar in the season to the end of September despite the government allowing 1 million tons of exports, a member of the Indian Sugar & Bio-Energy Manufacturers Association (ISMA) said on Thursday. The world's second-biggest sugar producer set the 1 million ton export allowance i9n January because the government and industry believed there was a surplus for overseas markets.
 Source:  economictimes.indiatimes.com