GLOBOIL India, the premier conference for the global edible oils industry, is set to return in 2024 with a focus on 'Navigating the Future of Edible Oils: Innovation, Sustainability, and Market Dynamics.' This event, hosted by Tefla’s, will take place at the Westin Powai Lake in Mumbai from 18-20 September 2024.
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. APEDA as part of the ‘Make in India’ initiative has been targeting to increase exports of Indian Spirits to major foreign destinations.India currently ranks 40th in the world for alcoholic beverage exports.
The Agricultural and Processed Food Products Export Development Authority (Apeda) and the Directorate of Horticulture with support from Palladium Group as the technical support unit of the Promotion and Stabilisation of Farmer Producer Organisations (PSFPO) project facilitated first-ever export of dragon fruits from Patnagarh in Balangir district of Odisha to Dub
Prime Minister Narendra Modi on Wednesday met the King of Brunei, Sultan Haji Hassanal Bolkiah during his visit to the country.
The government on Tuesday notified exports of 8,606 tonnes of raw cane sugar under the tariff-rate quota (TRQ) scheme to the US for the October 2024 - September 2025 period. Shipments under the TRQ enjoy relatively lesser customs duties. After the quota is reached, a higher tariff applies to additional imports.
The customs wing has issued a notification in this regard to make the land port vibrant and facilitate trade. Imports will be allowed through the Bhomra-Ghozadanga road, while exports using the port remained unchanged.
Agriculture Minister Shivraj Singh Chouhan has asked the ministry officials to ensure that the infrastructure under the flagship Agriculture Infrastructure Fund (AIF) is created as per requirement and will undertake a mapping so that not only warehouses, but other facilities are also created.
