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Cashew exporters eyeing thriving China market

Indian cashew exporters are now looking at China in a big way, thanks to changing food habits and rising consumption of cashew among the affluent population there. However, the current import duty of 10 per cent on cashew kernels is a limiting factor for them to penetrate the Chinese market. At the same time, cashew […]

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India’s honey production up by 2 times in 10 years

A new report by the National Bee Board (via Indian Express) says that India has increased its production of honey by over 2 times in the last 10 years and exports by 207 per cent in the same time period. The report says that India’s honey production was 52,000 metric tonnes in 2005-2006, while the […]

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Exports to Iran may go down to zero if oil imports are not resumed: Exporters

Indian exports to Iran are likely to take a big hit over the next few months and may even come down to zero if the new government decides not to resume oil imports from the country in adherence with the US economic sanctions, say exporters. Ajay Sahai, Director-General, Federation of Indian Export Organisations (FIEO), said: […]

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FCI agrees to buy raw rice from Telangana millers

The Food Corporation of India (FCI) has agreed to buy 3.44 lakh tonnes of raw rice from rice millers in Telangana. An FCI delegation met the officials of the Telangana State Civil Supplies Department last week and discussed various issues related to procurement and storage. The officials explained to the FCI team about issues face […]

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‘India’s high GDP growth has continued’

High GDP growth has continued over the medium term despite fluctuations, said the Finance Commission recently. The Commission made these observations during its meeting with the Finance Ministry. The Commission observed that the GDP numbers have somewhat fluctuated within the overall global trend which suggests continued high growth trend over the medium term. The Commission […]

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APEDA invites exporters’ participation in promotion of mangoes in China

APEDA has invited exporters for participation in the mango promotion programmes its plans to organise (in association with the Indian embassy in China) in the Chinese cities of Beijing, Shanghai and Guangzhou over a seven-day period between June 3 and 9, 2019 (as stated in a circular issued by it). The authority sees China as […]

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India ropes in global institution to curb contamination in spice shipments

India has roped in an agency supported by the World Trade Organization to train its farmers of black pepper, cumin, fennel and coriander on food safety and hygiene, to tackle increasing rejection of its spice exports by the US, European Union, Australia and Japan. Starting July, Geneva-based Standards and Trade Development Facility (STDF) will train […]

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Indonesia invites investors to its annual trade expo

With a view to promoting India-Indonesia Economic and Cultural relations, the Consulate General of the Republic of Indonesia, Mumbai, in cooperation with the Vizagapatam Chamber of Commerce & Industry, has conducted an interactive session on enhancing trade and investment relations between the countries. Representatives from trade and commerce in the city were enlightened about Indonesia’s […]

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India’s grape exports to Europe surge by 31%

India closed its grape export season of 2018-19 with a 31 per cent rise in export of the fruit to Europe, the most premium market. Exports to Russia, China and other destinations are expected to have increased by about 25 per cent to 30 per cent. According to Agricultural and Processed Foods Development Agency (Apeda), […]

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Strategic investments after sectorial analysis to boost economic growth: Suresh Prabhu

Strategic investments based on a clear sectorial analysis will further strengthen India’s economic growth, Union Commerce Minister Suresh Prabhu said Thursday. He also emphasised on focussing on district-development led growth to drive inclusivity in the society. To increase economic growth, we need to facilitate strategic investments, based on clear sectorial analysis, said Prabhu at the […]

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