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Mar 27, 2025 News Image India's exports are bound to grow despite global uncertainties: DGFT.
India's exports are bound to grow in the coming years despite uncertainties over global trade and tariff, a senior government official said on Wednesday. Director General of Foreign Trade Santosh Kumar Sarangi said that exporters should tread the path pragmatically and wisely to navigate the current global trade contours. He also said that the current scenario presents a 'golden' opportunity for India to do a variety of things which will propel exports and increase manufacturing competitiveness.
 Source:  economictimes.indiatimes.com
Mar 27, 2025 News Image India seeks easier export rules as US pushes for lower tariffs.
India-US trade discussions that kicked off on Wednesday focused on reducing India's tariff levels on goods imported from the US to the same levels as what US levies on such imports from India, two people aware of the talks said. The effort aims to avert US reciprocal tariffs that US president Donald Trump has promised to roll out on 2 April.
 Source:  livemint.com
Mar 27, 2025 News Image Afghanistan exported $500 million in goods to India despite Pakistani restrictions, official says.
Khan Jan Alokozai, a board member of the Afghanistan Chamber of Commerce and Investment, said the closure of transit routes through Pakistan had prompted Afghan exporters to seek alternative trade corridors. He noted that the majority of exports to India consisted of dried fruits — traditionally one of Afghanistan’s leading agricultural exports. 'Despite the challenges, we managed to export over $500 million in goods to India in the past year,' Alokozai said.
 Source:  amu.tv
Mar 27, 2025 News Image India surpasses Sri Lanka to become second largest tea exporter.
Finally, the Indian tea industry, which has been reeling under problems for years, has something to cheer about. According to data released by the Tea Board of India, India has exported 254 million kg of tea in 2024, thus becoming the second-highest exporter in the world. While Kenya retained the first spot in global tea exports, India surpassed Sri Lanka to take the second spot. Kenya exported over 500 Mkg of tea in 2024.
 Source:  timesofindia.indiatimes.com
Mar 27, 2025 News Image Potato Powerhouse: India’s Global Surge in Potato Production and Exports.
In recent years, India has solidified its position as a potato powerhouse on the global stage, impressively emerging as the second-largest producer of potatoes worldwide. As detailed in a podcast episode from the State of the Economy, hosted by Subramani Ra Mancombu with Mr Haresh Karamchandani, Managing Director & Group CEO of HyFun Foods, we delve into this remarkable rise and its implications for both Indian and global food markets.
 Source:  potatopro.com
Mar 27, 2025 News Image India eyes export boost to CIS as Black Sea tensions ease, seeks lower duties from South Korea.
Amid news reports of a proposed truce between Russia and Ukraine in the ongoing conflict in the Black Sea, sources within the government have indicated that a reduction in tensions may ease the transport of Indian exports to CIS countries. Apart from Russia, the Commonwealth of Independent States (CIS) comprises Kazakhstan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Azerbaijan, Belarus, Armenia, and Moldova.
 Source:  cnbctv18.com
Mar 27, 2025 News Image India 1st, Thailand 2nd…, list where India’s dominance leaves US and China far behind as it leads global market in…
Rice is a major commodity in global trade, and India holds the top spot as the world’s largest rice exporter. Even a small policy shift by India can significantly impact international rice prices. Following India, the other major rice-exporting countries include Thailand, Vietnam, Pakistan, China, and the United States.
 Source:  india.com
Mar 26, 2025 News Image India, Nigeria strengthen bilateral ties.
The longstanding economic and diplomatic ties between India and Nigeria took center stage at the maiden edition of the India Trade Expo 2025, as both nations reaffirmed their commitment to deepening trade relations and fostering new investment prospects. They expressed concerns over the need to reverse the declining trade volume between both countries, which fell from $14.95 billion in 2022 to $7.89 billion in 2024.
 Source:  guardian.ng
Mar 26, 2025 News Image India, US to focus on higher market access, lower import duty and trade barriers: Govt to Parliament.
India and the US would focus on increasing market access, reducing import duty and non-tariff barriers, and enhancing supply chain integration in the proposed bilateral trade agreement, the government told Parliament Tuesday.
 Source:  economictimes.indiatimes.com
Mar 26, 2025 News Image India Set to Maintain Sugar Export Quota on Ample Supplies.
India plans to maintain its one-million-ton sugar export quota for the current season, according to a person familiar with the matter, easing worries about possible supply restrictions that boosted global prices last week. The country will not bar outbound shipments as the world’s second-biggest producer will have enough stockpiles at the end of this season on Sept. 30, even after a drop in production, said the person, who asked not to be identified as the information is confidential. The country’s supplies are adequate to meet domestic demand for more than two months before crushing for next year’s crop begins, the person added.
 Source:  bloomberg.com