04 Oct, 2024 News Image Over 75 million export, import containers tracked by logistics data bank so far.

The logistics data bank system has so far tracked over 75 million export and import containers, the commerce and industry ministry said on Thursday. The Logistics Data Bank System (LDB) is a major initiative of NICDC Logistics Data Services (NLDS) to provide the export-import container visibility service across India along with comparative performance metrics.


 Source:  economictimes.indiatimes.com
04 Oct, 2024 News Image Contribution of FPOs in Floriculture Export: Unlocking India s Potential.

Floriculture is a rapidly emerging sector in India, commonly referred to as a 'sunrise sector' due to its immense potential for income generation and employment creation, especially for small and marginal farmers, many of whom are women. 


 Source:  agrospectrumindia.com
04 Oct, 2024 News Image Lulu Group to set up food processing, logistics centres in Andhra Pradesh.

UAE-based Lulu Group International will set up modern food processing and logistic centres in Andhra Pradesh.


 Source:  fnbnews.com
03 Oct, 2024 News Image Coffee exports jump 15% in H1 as European buyers stock up ahead of EUDR.

India’s coffee exports in the first half of the fiscal year registered a 55 per cent growth in value at $929.95 million compared with $601.58 million a year ago on higher global prices. In volume terms, exports were up 15 per cent at over 2.20 lakh tonnes from s 1.91 lakh tonnes a year ago.


 Source:  thehindubusinessline.com
03 Oct, 2024 News Image Meghalaya signs MoU with NCOL through MEGNOLIA for organic products.

The state of Meghalaya has signed a Memorandum of Understanding (MoU) with the National Cooperative Organics Limited (NCOL) through MEGNOLIA (Meghalaya Natural and Organic Society for Livelihood and Innovation in Agriculture).


 Source:  fnbnews.com
03 Oct, 2024 News Image Madhya Pradesh: Withdrawal of rice export ban to boost biz by 50%.
The revocation of export ban on non-basmati white rice by Union govt is anticipated to propel exports from Madhya Pradesh in the fiscal year 2024-25 by over 50 per cent from a year ago and entice investments from rice processing units, according to a senior official from Directorate General of Foreign Trade (DGFT), Madhya Pradesh.
 

 Source:  timesofindia.indiatimes.com
03 Oct, 2024 News Image At 52.54 million tonnes, India s rice procurement in 2023-24 season much above requirement.

The 2023-24 agricultural marketing year (October-September) ended with the government procuring 52.544 million tonnes (mt) of rice – 46.303 mt from the kharif crop and 6.241 mt from the rabi season.


 Source:  thehindubusinessline.com
03 Oct, 2024 News Image Piyush Goyal offers India as a global investment destination with world class infra and talents at meetings in US.

Union Minister for Commerce and Industry, Piyush Goyal, during his visit to the United States, participated in a series of high-level engagements, reinforcing the strong trade and investment relationship between India and the US.


 Source:  energy.economictimes.indiatimes.com
03 Oct, 2024 News Image EU proposes deforestation law delay: $1.3 billion Indian exports get relief.
In a relief to around $1.3 billion worth of Indian exports such as leather, coffee and wooden furniture to the EU, the bloc on Wednesday proposed extending the implementation of its Deforestation Regulation by one year to December 2025.
 

 Source:  economictimes.indiatimes.com
03 Oct, 2024 News Image Our objective is to have a comprehensive free trade agreement with India: EU Commissioner.
Johannes Hahn, European Commissioner for Budget and Administration was in Mumbai this week as part of a global roadshow for creating investor interest for EU-Bond.
 

 Source:  thehindubusinessline.com