The global demand for Indian spirits is increasing, presenting an opportunity for growth. The Agricultural and Processed Food Export Development Authority (APEDA), plans to promote both the Indian alcoholic and non-alcoholic beverages globally with a target of $1 billion in export revenue over the next few years. 

In late 2021, when the UAE and India agreed to pursue a Comprehensive Economic Partnership Agreement (CEPA), both countries arrived at a free-trade deal with a difference. The goal wasn’t simply to reduce tariffs on goods entering each other’s markets – although that was a key element – but to bring the two nations closer together, align our growth visions, and work to deliver long-term, sustainable prosperity in an ever-evolving global economy.

India’s exports to Kuwait reached $2.10 billion in FY24, up by 34.78 per cent compared to the $1.56 billion reported in the previous fiscal year, according to the official data by the ministry of commerce and industry.

India-Middle East-Europe Economic Corridor (IMEC) is an important initiative that can add to India's maritime security and faster movement of goods between Europe and Asia. This was stated by Union Minister of Commerce & Industry, Shri PiyushGoyal at the Confederation of Indian Industry (CII) India-Mediterranean Business Conclave 2024 today in New Delhi. 

As India and Norway prepare for the India-Nordic Summit, the bilateral relationship between the two nations is poised to enter a new phase of cooperation. With a shared focus on trade, renewable energy, and maritime technologies, the partnership between India and Norway is set to strengthen, particularly in the context of sustainability.

India's white rice exports may face challenges as the government plans to empower the National Cooperative Exports Limited, or NCEL, to take over the white rice free trade, reducing reliance on the Food Cooperation of India, or FCI, sources told S&P Global Commodity Insights on Sept. 6.