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May 29, 2025 News Image Goyal asks exporters to leverage FTAs, talks non-tariff barriers.
Commerce and industry minister Piyush Goyal Tuesday asked exporters to increase the utilisation of free trade agreements (FTAs) and discussed non-tariff barriers at a meeting with export bodies and industry. The proposed centralised exporters portal, India's trade pact talks with the EU and the US, and ways to further boost exports of services and value-added goods were also discussed.
 Source:  economictimes.indiatimes.com
May 29, 2025 News Image India, US may agree on interim trade deal by June 25: Sources.
With a team of US officials expecting to visit India next month for trade talks, there is a possibility that the two countries may agree on an interim trade pact by June 25, sources said. 'Talks are moving. Things are on track,' they said.
 Source:  economictimes.indiatimes.com
May 29, 2025 News Image Government raises 2024-25 foodgrain output forecast to record 353.95 million tons, wheat at 117.50 million tons.
The government on Wednesday revised upwards its foodgrain production estimate for the 2024-25 crop year to a record 353.95 million tonnes, with wheat output alone projected at 117.50 million tonnes, as the country posted bumper harvests across key crops. The revised estimates show significant increases in production of wheat, rice, maize and several oilseeds.
 Source:  economictimes.indiatimes.com
May 28, 2025 News Image FSSAI notifies guidelines for recycled-PET material for beverage makers, labelling norms specified.
The Food Safety and Standards Authority of India (FSSAI) has notified guidelines specifying the accepted criteria for food-grade recycled PET (Polyethylene terephthalate) which can be used as food contact material by beverage makers. The guidelines, which specify various aspects of r-PET recycling, also introduced a new logo that will need to be displayed on labels along with information on the percentage of recycled PET material used in the packaging material. The food safety authority has said that this logo has been developed to ensure 'easy identification' and 'for the benefits of consumers'.
 Source:  thehindubusinessline.com
May 28, 2025 News Image Ludhiana farmer earns profit from organic wheat and promotes chemical-free agriculture.
Once a purchase manager in Abu Dhabi, 70-year-old Sucha Singh Pabla has traded corporate life for crop rows — and is now reaping rich rewards from organic farming in rural Punjab.Farming on 32 acres in Sherpur Bet, Machhiwara, Pabla cultivated organic wheat on 27 acres this year, harvesting nearly 200 quintals and earning about Rs.7 lakh — a 50% profit margin over input costs, he told The Times of India. What sets his approach apart is not just the yield, but the principle.
 Source:  timesofindia.indiatimes.com
May 28, 2025 News Image Air India ships 1000 tonnes of Indian mangoes to 31 countries in April.
Air India transported close to 1,000 tonnes of Indian mangoes in April 2025 to destinations across Europe, North America, and the Middle East, according to an official release. The movement reflects rising global demand for Indian mango varieties during the summer export season. The Indian airline shipped popular types of mangoes, such as Alphonso from Maharashtra and Safeda and Dussehri from Uttar Pradesh. According to the company statement, over 75% of the mangoes originated in Western India and were delivered to 43 destinations in 31 countries.
 Source:  stattimes.com
May 28, 2025 News Image Assam Eyes Southeast Asia Market Via India-Myanmar-Thailand Highway To Boost Semiconductor Exports.
Assam Chief Minister Himanta Biswa Sarma on Monday (26 May) in an interview with the Mint said the India-Myanmar-Thailand (IMT) highway will become a strategic economic corridor for Assam within the next three years, enabling the state to export semiconductor chips and attract investments from Southeast Asia.
 Source:  swarajyamag.com
May 28, 2025 News Image Traders visit Samrala port, get hands-on experience of export biz.
Dozens of aspiring exporters took part in a practical training visit to the pristine inland container depot (ICD), also known as a dry port, in Samrala's Bija village recently. The visit was part of an export training programme organised by the Chamber of Industrial and Commercial Undertakings (CICU) to provide hands-on experience and knowledge of the export process to budding entrepreneurs and MSMEs.Many participants said they were learning about exports for the first time.
 Source:  timesofindia.indiatimes.com
May 28, 2025 News Image India seeks improved US access for fresh produce exports.
India is seeking improved access to the US for its fruit and vegetable exports, according to a report from Indian business publication Mint. Amid ongoing discussion for a bilateral trade agreement (BTA) between the two coutnries, sources told Mint that India wanted amendments to the US sanitary and phytosanitary regulations that have caused fresh produce shipments from India to be rejected. Most recently, this happened to a shipment of 25 tonnes of Indian mangoes, which was rejected and destroyed in the US causing a loss of about US$500,000 to exporters.
 Source:  fruitnet.com
May 28, 2025 News Image India's trade deal with US could unlock new export and market opportunities: Finance ministry report.
India and the US are in trade agreement negotiations, aiming to boost exports and market access. India seeks exemption from US tariffs, while the nation's economy demonstrates resilience with strong domestic fundamentals and government capital expenditure. Despite global uncertainties, India remains the fastest-growing major economy, with positive inflation outlook due to favorable monsoon forecasts and softening food prices.
 Source:  timesofindia.indiatimes.com