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Jun 11, 2025 News Image India’s spice exports hit a new high of $4.72 billion in FY25 on strong demand
The record shipments in FY25 is despite chillies witnessing a decline in value due to fall in prices. Chillies remain the largest product in India’s spice basket, both in volumes and value, accounting for over a fourth of total spice exports. India’s chilli exports were down 11 per cent to $1.34 billion during FY25, from $1.50 billion in the previous year. The fall in prices impacted the chilli exports despite volumes witnessing an increase of around 19 per cent to 7.15 lakh tonnes ( 6.01 lakh tonnes).
 Source:  https://www.thehindubusinessline.com/
Jun 10, 2025 News Image Good chance that India and EU will finalize trade deal by year-end: Finnish ambassador
Finland's Ambassador Kimmo Lahdevirta is optimistic about finalizing the India-EU trade deal by year-end, highlighting the "historic" EU Commissioners' visit to India. He inaugurated Finland's honorary consulate in Ahmedabad, emphasizing the deepening partnership and growing business interest. Several Finnish companies are keen to invest in Gujarat, focusing on sectors like clean energy and sustainable solutions.
 Source:  https://economictimes.indiatimes.com/
Jun 10, 2025 News Image India always ready to conclude trade pact with low hanging fruits: Piyush Goyal on US trade deal
India is keen to finalize a trade agreement with the US by initially focusing on easily achievable aspects, according to Commerce Minister Piyush Goyal. Discussions are underway in New Delhi, with hopes of an interim deal before July 9. Both nations aim to significantly increase bilateral trade to USD 500 billion by 2030, building on the existing USD 191 billion.
 Source:  https://economictimes.indiatimes.com/
Jun 10, 2025 News Image From non-negotiable to liberal: India sets agri tariff tiers for US
Staples such as rice and wheat fall under the non-negotiable category, where no tariff concessions will be entertained. Very sensitive items — such as apples, which carry political weight and are closely tied to farmer interests in states like Himachal Pradesh and Uttarakhand — may face restricted concessions, possibly through minimum.
 Source:  https://www.business-standard.com/
Jun 10, 2025 News Image Agri production increased by 40% in 10 years: Union Minister Chouhan
Union Agriculture Minister Shivraj Singh Chouhan announced a 40% increase in India's agriculture production over the last decade, with a 5.4% growth rate in the fourth quarter of FY2024-25. He credited PM Modi's policies for this success, highlighting record production of key crops and full grain storehouses. The focus remains on food security, farmer income, nutrition, and soil health.
 Source:  https://economictimes.indiatimes.com
Jun 10, 2025 News Image Union Agriculture Minister Shivaraj Singh Chouhan says India will be turned into food basket of the world
Addressing farmers at the ICAR-IIHR campus in Hessarghatta in Bengaluru city outskirts, as part of the Viksit Krishi Sankalp Abhiyan, the Minister indicated that the Centre is looking beyond feeding the 145 crore people of India. The Union Government would collaborate with State Governments, agricultural universities, Krishi Vigyan Kendra's (KVKs), farmers, and scientists to draw a comprehensive roadmap to achieve this goal.
 Source:  https://www.thehindu.com/
Jun 10, 2025 News Image India-EFTA trade pact to come into effect in September: Piyush Goyal
India’s trade pact with the European Free Trade Association (EFTA)—comprising Switzerland, Norway, Iceland, and Liechtenstein—will take effect by September, Commerce Minister Piyush Goyal said. The deal includes a $100 billion investment commitment over 15 years.
 Source:  https://economictimes.indiatimes.com
Jun 10, 2025 News Image India eyes bigger slice of global Agri trade as APEDA flags export potential
India’s agricultural export sector holds vast untapped potential, according to Abhishek Dev, Chairman of the Agricultural and Processed Food Products Export Development Authority (APEDA). Speaking at the inauguration of Indus food 2025 in Greater Noida, Dev noted that while India is the world’s seventh-largest Agri exporter, it currently accounts for just 2.4 per cent of the $2 trillion global agriculture trade. He emphasized that this modest share presents a “huge opportunity” for Indian exporters to scale up.
 Source:  https://agrospectrumindia.com/
Jun 10, 2025 News Image Union Agriculture Minister Shri Shivraj Singh Chouhan Meets Farmers in Telangana
Under the 'Viksit Krishi Sankalp Abhiyan', Union Agriculture and Farmers Welfare Minister Shri Shivraj Singh Chouhan interacted with farmers in Telangana today. He first visited Mansonpally village in Telangana’s Ranga Reddy district to interact with farmers, followed by a Kisan Chaupal at Ramachandraguda village. During the interactions, farmers informed the Minister that they are adopting diversification and integrated farming practices, which have helped boost both their production and income. After the Kisan Chaupal, Shri Chouhan addressed the farmers at a programme organized in Mangalpally, Ibrahimpatnam. Shri Chouhan remarked that agriculture is the backbone of the Indian economy, and farmers are its soul. He said, “I am wholeheartedly committed to fulfilling the responsibility entrusted to me by Prime Minister Shri Narendra Modi. Today marks the completion of the first year of his third term in office, and I extend my warm congratulations and heartfelt wishes to him.”
 Source:  https://www.pib.gov.in
Jun 10, 2025 News Image Union Commerce and Industry Minister Shri Piyush Goyal Commences Official Visit to Switzerland and Sweden to Strengthen Economic and Trade Partnerships
Union Minister of Commerce and Industry, Shri Piyush Goyal, commenced his official visit to Switzerland on 9th June 2025, as part of his ongoing visit to Switzerland and Sweden from 9–13 June 2025. This visit underscores India’s steadfast commitment to deepening strategic and economic partnerships with key European nations, advancing robust trade and investment ties, and supporting a shared vision for resilient global growth.
 Source:  https://www.pib.gov.in/