The trade between India and France can grow much 'faster and bigger' from the current $15 billion given the strength of the two economies, Union Commerce and Industry minister Piyush Goyal said on Wednesday.
Ministry of Food Processing Industries (MoFPI) is implementing a Centrally Sponsored- 'Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme' for providing financial, technical and business support for upgradation of micro food processing enterprises in the country. The scheme is operational for a period of five years from 2020-21 to 2025-26 with an outlay of Rs. 10,000 Crore.
India’s buffalo meat (carabeef) exports during calendar year 2025 will likely rise by 4 per cent to 1.65 million tonnes (mt) on rising demand from countries in the Middle East, South-East Asia and Africa, according to the USDA Post New Delhi. In 2024, the carabeef exports were estimated at 1.58 mt.
A senior Russian diplomat on Wednesday said bilateral trade between the two countries has reached a record USD 66 billion in 2024, marking a fivefold increase over the past five years, with a 9 per cent rise in the first eight months of this year. The envoy said Russia and India are on track to achieve the ambitious USD 100 billion trade target by 2030, bolstered by expanding collaborations and diversified trade opportunities.
Amid the chaos in Bangladesh, the Land Ports Authority of India (LPAI) has announced plans to operationalise the newly built land port in Sabroom, South Tripura.
India has 'unequivocally' rejected the counter-notification issued earlier this month by five countries at the WTO—US, Australia, Canada, Argentina and Ukraine, targeting India for allegedly under-reporting its market price support for rice and wheat. The country’s representative pointed out that the notice was inaccurate and based on selective interpretations of WTO rules, saida Geneva based trade official.
India is aiming to eradicate foot and mouth disease in its livestock by 2030 in order to increase milk production and dairy exports, said Union minister of animal husbandry and dairying Rajiv Ranjan Singh on Tuesday.
