India and Australia have 'outlined a path forward for the early conclusion' of their Comprehensive Economic Cooperation Agreement (CECA), the government said Monday.
Bihar Government has signed 14 ‘Letters of Intent’ during the Food Processing Investors' meet, entailing an investment of Rs 2,181 crore, which is likely to create 4,175 employment opportunities. The ‘Letters of Intent’ were signed to bolster the State's agro-industrial ecosystem.
Nagaland State Export Summit 2024 organised by Department of Industries & Commerce focused on One District One Product (ODOP), boosting the economy of each district, with focus on product enhancement support, E-commerce on-boarding, boosting domestic trade, Export promotion, B2B facilitation.
Recognised as one of Apeda’s 25-star products, cashew is poised for a promotional revamp, said Parashram Patil, Apeda board member, during an interaction with businessline.
The Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) was approved by the Union Cabinet on 31st March 2021 with a budget of ?10,900 crore, to be implemented from 2021-22 to 2026-27. 171 applicants have been enrolled under the scheme. The beneficiary selection process under PLISFPI was conducted as a one-time exercise, preceded by active stakeholder engagement and extensive publicity to ensure broad participation.
The Agricultural and Processed Food Products Export Development Authority (APEDA), in partnership with the Mizoram government, hosted an International Conclave cum Buyer-Seller Meet (BSM) in Aizawl on Saturday. The event aimed to enhance agricultural and processed food exports from Mizoram and the broader northeastern region (NER).
India’s export performance has witnessed significant growth over the past decade, underscoring the increasing credibility and demand for Indian products in the global market. Union Minister of Commerce and Industry Piyush Goyal, responding to a parliamentary query highlighted that India’s total exports surged to approximately $778 billion in 2023-24, compared to $466 billion in 2013-14—a growth of nearly 67 per cent. During this period, India’s share in world merchandise exports also improved from 1.66 per cent to 1.81 per cent, with the country advancing in rankings from 20th to 17th position.
