AGRICULTURAL EXPORTS

India has transported goods to Russia via the Transcaspian route of the International North South Transportation Corridor for the first time. This pilot shipment of agricultural goods aims to assess the feasibility of regular supplies. INSTC include...

India has achieved exports of organic food products valuing nearly USD 450 million by November 25 of this fiscal year. Union Minister of State for Food Processing Industries Navneet Singh Bittu provided data in Lok Sabha showing the consistent expor...

India and Italy are introducing the 'Cotton Route' initiative to enhance trade relations. Italy aims to become India's third-largest trade partner in the EU. Both countries are eyeing collaboration in defence, space technology, and other emerging se...

President-elect Trump proposed tariffs on Canada, Mexico, and China, impacting oil, gas, agriculture, and manufacturing. The U.S. significantly relies on these countries for energy and agricultural imports, potentially increasing fuel and food costs...

India's economy shows resilience amidst global uncertainties. Favorable monsoons boost agriculture, while services trade remains strong. However, weakening global demand and geopolitical tensions, including the Russia-Ukraine conflict, pose challeng...

The Federation of Indian Chambers of Commerce & Industry (FICCI) under the leadership of its outgoing president, collaborated with the Government of India on initiatives like 'Make in India', 'women-led development', 'farm prosperity', and 'sustaina...

India's Chief Economic Advisor, V Anantha Nageswaran, cautioned that the country needs to brace itself for potential increases in US tariffs and a slowdown in global export growth. Nageswaran highlighted that while the exact impact of US tariffs rem...

India's Chief Economic Advisor, V Anantha Nageswaran, cautioned that the country needs to brace for potential increases in US tariffs and a slowdown in global export growth under the Trump administration. While acknowledging the challenges posed by ...

India's merchandise exports experienced significant growth in October. Exports reached $39.2 billion, marking a 17.3% increase. This surge was driven by strong demand from developed markets and increased shipments of various goods. Imports also rose...

India's spice industry is eyeing significant growth, aiming for $10 billion in exports by 2030. To achieve this, the industry is exploring new markets in Africa, South America, and Eastern Europe, while also focusing on emerging sectors like health ...

In October, the government removed curbs on overseas shipments of non-basmati white rice and exempted parboiled rice and husked (brown) rice from export duty.

India anticipates agricultural exports to exceed USD 50 billion in 2024-25, fueled by strong global demand and the recent lifting of export restrictions on non-basmati rice. This positive outlook comes despite previous export curbs on rice, wheat, a...

India is exploring Brazil as a major source for black gram and pigeon pea imports to meet domestic demand. Brazil's urad bean exports to India have already surged. This strategic partnership leverages contrasting cropping seasons, enabling countries...

India's export competitiveness has seen significant gains in multiple sectors over the past five years. Key sectors such as petroleum, gemstones, agrochemicals, and sugar have notably increased their share in global trade, with India becoming a lead...

The World Bank projects a decline in global commodity prices by 2025-26, driven by lower oil prices. Oil prices are anticipated to average USD 80 per barrel in 2024, then drop to USD 73 in 2025 and USD 72 in 2026. Metals and agriculture commodities ...

Assam has achieved an 85% export increase over six years, driven by supportive policies and focusing on export-oriented farming. Emphasizing financial resource importance, initiatives enhance rural living and economic empowerment. Infrastructure uti...

India's cotton production for 2024-25 is expected to decrease by 7% due to reduced acreage and damage from excessive rainfall. Cotton imports are predicted to rise by 42%, while exports may drop by 37%. The total cotton supply is estimated to be 357...

South African importers and consumers have expressed relief as India withdraws its ban on non-basmati white rice exports, imposing a floor price of USD 490 per tonne. The eased restrictions are expected to stabilize global rice prices and meet South...

Industry experts at the Indo-US Economic Summit called for lower tariffs and harmonisation of local norms to boost India-US agricultural trade. Key concerns include supply chain disruptions, absence of a free trade agreement, and local quality norms...