1. Home
  2. Market Intelligence
  3. Market News
Archive
May 13, 2025 News Image India, EU to hold next round of FTA talks from Monday for early conclusion of first part.
India and the European Union (EU) chief negotiators will begin the next round of talks on the proposed free trade agreement (FTA) here from Monday, with an aim to conclude the first phase of the pact as early as possible, according to an official. The two sides have agreed to conclude the agreement in two phases on account of the uncertain global trade environment, particularly due to the US tariff actions under President Donald Trump.
 Source:  economictimes.indiatimes.com
May 13, 2025 News Image GI Tag For The Humble Rajasthani Sangri, A Dry Vegetable From The Desert Land.
In the middle of a heavy and overwhelming week, a quiet celebration of news arrived as a rare kind of comfort. Rajasthan’s delightful ‘Sangri,’ the slender bean that is nothing less than a staple of Rajasthani kitchens, just earned a Geographical Indication (GI tag). This recognition is quite a victory, but one that speaks volumes for the region. Grown from the ‘Khejri tree,’ often called Kalpavriksha of the Thar Desert, Sangri isn’t just a staple food but a nostalgic treat that holds memories of a lifetime. With the GI Tag, Sangri joins the cultural hall of fame, carrying the flavour of Rajasthan with it.
 Source:  timesnownews.com
May 13, 2025 News Image US industry optimistic about getting Indian market access for its soyabean.
The US soyabean industry is 'cautiously optimistic' that India will provide market access for its produce and would like the import duty to be 'as low as possible'. It is of the view that India could import soyabeans and produce more oil and oilmeal, instead of importing a huge quantity of cooking oils annually. It also does not think there could be any issue with genetically modified (GM) soyabeans.
 Source:  thehindubusinessline.com
May 13, 2025 News Image India and Chile Sign Terms of Reference for Comprehensive Economic Partnership Agreement Negotiations.
India and Chile signed the Terms of Reference (ToR) for a Comprehensive Economic Partnership Agreement (CEPA) on 08 May 2025, marking a significant advancement in their bilateral trade relations. The mutually agreed ToR were duly signed by H.E. Mr. Juan Angulo, Ambassador of Chile in India and Shri Vimal Anand, Joint Secretary, Department of Commerce, Ministry of Commerce & Industry, Government of India, also the Chief Negotiator for India-Chile CEPA from the Indian side.
 Source:  pib.gov.in
May 13, 2025 News Image India exports 4.24 lakh tonnes sugar till April of this year: AISTA.
India exported 4.24 lakh tonnes of sugar till April of the ongoing 2024-25 marketing year with maximum shipments of 92,758 tonnes to Somalia, trade body AISTA said on Monday. The sugar marketing year runs from October to September. Sugar exports for the 2024-25 marketing year in India were allowed on January 20, 2025. The total quantity permitted for export is 10 lakh tonnes.
 Source:  economictimes.indiatimes.com
May 13, 2025 News Image Food processing firms propose Rs 2,963 crore investments in Ujjain district.
Four companies have proposed investments amounting to nearly Rs 2,963 crore in Ujjain district, potentially generating employment for 13,150 people, according to the Madhya Pradesh Industrial Development Corporation (MPIDC). The proposals include three food processing units. Amitex Agro Product plans to set up a food processing facility in Lalukhedi, Agar Malwa, with an investment of Rs 200 crore, creating around 800 work opportunities. Sanket Oils has proposed a Rs 75 crore food oil processing unit in Mandsaur, targeting 650 work opportunities. Safal Food intends to invest Rs 138 crore to establish pulses mill in Mandsaur, which is expected to generate employment for 800 individuals
 Source:  fnbnews.com
May 13, 2025 News Image Govt sets record foodgrains production target for 2025-26 crop year at 354.64 million tn.
India is targeting 354.64 million tonnes of foodgrain production in the 2025-26 crop year starting July on the forecast of better monsoon rains, a senior government official said on Thursday. In the current 2024-25 crop year (July-June), the government had set a target of 341.55 million tonnes of foodgrain production. Foodgrains include paddy, wheat, coarse cereals and pulses.
 Source:  economictimes.indiatimes.com
May 13, 2025 News Image No duty cuts by India on UK wines under FTA; limited concession on British beer.
India is not giving any duty concessions on British wines and is providing only limited import duty benefits on UK beer under the free trade agreement (FTA) between the two countries, announced on May 6, an official said. The other sensitive agri products where India will not offer any reduction in the import duty include dairy products, apple, cheese, oats, animals and vegetable oils under the agreement with the United Kingdom.
 Source:  economictimes.indiatimes.com
May 13, 2025 News Image US of Aam-erica has a new king: US emerges as India’s top export market for mangoes; Kesar tops Alphonso.
The United States of Aam-erica has a new ruler. Kesar, the saffronhued native of Gujarat, has toppled from the throne the long-reign - ing king, the delicate Alphonso, in the US, which has emerged as India’s biggest mango market. Between April 2024 and January 2025, India exported mangoes worth $24.97 million to US, which overtook the United Arab Emirates (at $20.78 mil - lion) for the first time to become the largest destination for Indian man - goes, according to data from the com - merce ministry. The figure includes fresh, dried and pulp mangoes.
 Source:  economictimes.indiatimes.com
May 13, 2025 News Image Sustainable dairy: The next frontier for Indian agri-business.
India’s dairy industry, the largest globally, has been a cornerstone of the nation’s agricultural economy. With over 80 million rural households engaged in dairy farming, the sector not only contributes significantly to the country’s GDP but also ensures nutritional security for its vast population. However, the traditional methods of dairy farming are under scrutiny due to environmental concerns, particularly methane emissions and resource-intensive practices. As the world pivots towards sustainable agriculture, India’s dairy sector stands at the cusp of a transformative journey—one that harmonises productivity with environmental stewardship.
 Source:  thehindubusinessline.com