Rising Production In Int Markets Signals Demand Concerns For Indian Tobacco: Report
The report says that export growth might remain muted in the current fiscal year due to likely higher production in key international markets:
Government
National
News
India’s Rice Production Likely To Dip, Wheat Sees Growth
- by BW Retail World Bureau
- March 2, 2024
India, the world’s largest rice exporter, is expected to witness a decline in rice production for the first time in eight years during the 2023-24 crop year. This development comes amidst concerns over below-average rainfall impacting agricultural output. The Indian government, through the Ministry of Agriculture and Farmers Welfare, revealed that rice production is projected […]
Government
International
National
News
India’s Basmati Rice Exports Set To Decline In 2024 Amid Pakistani Competition
- by BW Retail World Bureau
- March 1, 2024
India’s basmati rice exports are likely to fall in 2024 after nearing a record high last year, as rival Pakistan is offering the grain at competitive prices amid a rebound in production, industry officials said. India and Pakistan are the leading exporters of the premium long-grain variety of rice, famous for its aroma, to countries […]
Manufacturing
News
Indian Manufacturing Booms, 87% Expect Rising Production In Q4: Survey
- by BW Retail World Bureau
- February 13, 2024
A survey conducted by industry body FICCI revealed sustained and continued growth for India’s manufacturing sector in the last two quarters of 2023-24 (October-March). Compared to the previous quarter, October-December, when 73 per cent of respondents had reported higher production levels, in the current January-March quarter, around 87 per cent of respondents expected either higher […]
Brands
Companies
Electronics
News
Tesla Announces New Electric Car “Redwood” For Mid-2025 Launch
- by BW Retail World Bureau
- January 25, 2024
Tesla has notified suppliers that it intends to begin manufacturing a new mass-market electric car named “Redwood” in mid-2025, according to four people familiar with the topic, the Guardian reported. Elon Musk, Tesla’s CEO, has long piqued fans’ and investors’ interest in affordable electric vehicles and self-driving robotaxis, which are likely to be built on […]
Food & Beverage.
National
News
India’s Tea Production Slumps 6% in November, Marking Continued Dip
- by BW Retail World Bureau
- January 4, 2024
Tea production in India has fell by 6.18 per cent to 127.12 million kilograms in November 2023 compared to the same month the year ago at 135.49 million kgs., according to Tea Board data. Production volume in North India, mostly Assam and West Bengal, was 106.23 million kgs (mkgs), down from 114.18 mkgs in the […]
National
News
India Eyes Increased Soybean Oil Supply Amid Global Shifts
- by BW Retail World Bureau
- January 2, 2024
In a pivotal year for Latin American soy production, Argentina and Brazil are set to drive significant growth in soybean crushing volumes in 2024. This surge, propelled by Argentina’s crop recovery and Brazil’s higher biodiesel mandate, is poised to reshape global soybean dynamics, as per S&P Global. India, a major consumer of vegetable oils, is […]
Government
Grocery
News
Govt Extends Import Duty Exemption On Tur, Urad Dal By One Year Until March 2025
- by BW Retail World Bureau
- December 29, 2023
In the wake of persistent inflation, the Indian government has announced an extension of the exemption for tur and urad dal imports until 31 March 2025. This decision, conveyed through an order from the Director General of Foreign Trade, mirrors the recent extension of the import duty exemption for masur dal until the same date, […]
Brands
Companies
Electronics
Finance
News
Toshiba Eyes Power Chips For Growth After $14 Bn Take-Private Deal
- by BW Retail World Bureau
- December 23, 2023
Japanese electronics firm Toshiba has identified power management chips as an immediate profit driver on the back of surging electric vehicle (EV) demand. The optimistic vision was notified by the company’s Chief Executive Taro Shimada on Friday, as the company was taken private. Toshiba completed its USD 14 billion buyout by private equity firm Japan […]
Electronics
Manufacturing
News
Japanese Electronics Manufacturer To Produce iPhone Battery Cells In India
- by BW Retail World Bureau
- December 4, 2023
Japanese electronics manufacturer TDX Corporation will manufacture battery cells for iPhones In India, according to a media report. As per the report, TDX will supply battery cells to Premium electronic manufacturer Apple. The company is likely to work with the Sunwoda Electronics which already has operational units in India. TDK has reportedly acquired Li-ion battery […]