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Goyal Assures Stable Food Prices, Highlights Govt's Track Record
Consumer Economy Export Food Food & Beverage.

India Can Reach $100 Bn In F&B, Agri, Marine Product Exports In 5 Yrs: Goyal

The Union Minister stated that the target is not very ambitious as the industries need to grow at a combined rate of 14 to 15 per cent

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consumer Consumer Economy Export Food Food & Beverage. Government Grocery News Retail Sector

Domestic Onion Supply Comfortable, Retail Prices Stabilise: Government

The Ministry of Consumer Affairs, Food & Public Distribution said the sowing of onion crops is estimated to rise 27 per cent in the kharif (summer-sown) season The government on Friday said the availability of onion in the domestic market is comfortable and retail prices are stabilising. As reported by PTI, in a statement, the […]

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Brands Companies Consumer consumer Export FMCG News Retail Sector

ITC’s FMCG Business Crosses Consumer Spends Of Rs 32,500 Cr

The brand reaches 25 crore households as 100 new products get introduced during the year ITC’s vibrant portfolio of over 25 world-class Indian brands represents an annual consumer spend of nearly Rs 32,500 crores and reaches over 250 million households in India. These home-grown, purpose-led Indian brands, powered by agile innovation, support the competitiveness of […]

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Brands Companies Consumer consumer Electronics Export Manufacturing Manufacturing Manufacturing News Retail Sector

Daikin Targets 2 Million Units In India With Major Expansion Plans

New Sri City plant to boost production, eyes significant growth in domestic and export markets Daikin is poised to scale up its operations in India with a manufacturing target of two million and plans to explore more export opportunities. “The company has already sold seven lakh units of residential air conditioners (RAC) in the first […]

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Consumer consumer Economy Export Food Food & Beverage. Government Grocery News Retail Sector

Government Buys 71,000 Tonnes Of Onion To Stabilise Prices

The above-normal monsoon forecast brings hope for improved Kharif production The government has bought nearly 71,000 tonnes of onion so far this year to add to its buffer stock. It has set a target of procuring five lakh tonnes of onion for price stabilisation and expects retail prices to ease as the monsoon progresses over […]

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Export Government International News Retail Trade

India’s Textile Exports Surge By 9.59% In May Despite Global Economic Challenges

Strong performance in textile and apparel exports bolsters India’s overall trade growth in May 2024 India’s textile exports witnessed a significant growth of 9.59 per cent in May this year compared to the same month in the previous year, overcoming unfavourable economic conditions in major markets such as the European Union (EU), the US and […]

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Companies Consumer consumer E-commerce & Marketplaces Export Manufacturing Manufacturing News Retail Sector

Flipkart & DPIIT Join Forces To Elevate India’s Toy Manufacturing Sector

The workshop focuses on upskilling manufacturers to boost quality, innovation and global competitiveness Flipkart, in collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT), organised a workshop aimed at enhancing India’s capabilities in the global toy supply chain. The workshop focused on upskilling and reskilling domestic manufacturers to produce innovative and high-quality […]

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India's Oilmeal Exports Rise Despite Setbacks In Other Agri-Commodities
Export News

India’s Oilmeal Exports Rise Despite Setbacks In Other Agri-Commodities

Despite a decline in exports of many agricultural commodities, the export of soybean meal has revived while that of rapeseed meal has seen a remarkable growth in the last three years. Oilmeals are the residue left over after the extraction of oil from oilseeds and it is widely utilized as livestock feed globally. India exported […]

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India's Gems & Jewellery Exports Fall 12% In FY24
Export National News

India’s Gems & Jewellery Exports Fall 12% In FY24

Gems and jewellery exports experienced a notable decline of 12.17 per cent during the fiscal year 2023-24, amounting to Rs 2,65,187.95 crore (USD 32,022.08 million), according to data from the Gem and Jewellery Export Promotion Council (GJEPC). This decrease is attributed to several factors, including high interest rates in the US and a sluggish recovery […]

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Commerce Ministry Seeks 5-Year Extension For Exporter Relief Program
Export Government News

Commerce Ministry Seeks 5-Year Extension For Exporter Relief Program

The commerce ministry is anticipated to request a five-year extension for the Interest Equalisation Scheme for exporters, rather than a short-term extension when the current period expires on 30 June. According to a senior official, the scheme has been particularly beneficial during periods of high interest rates. Under the interest equalisation scheme, exporters receive an […]

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