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Apr 28, 2025 News Image Uttar Pradesh sets ambitious target to triple exports by 2030.
The Uttar Pradesh (UP) government has set an ambitious target of tripling its export by 2030, as the ongoing tariff war between the United States and China has provided an opportunity for the state, an official statement said on Saturday. Amid the ongoing tariff war between the United States and China, the Yogi Adityanath-led government is gearing up to turn the global economic standoff into an opportunity for the state, the statement added.
 Source:  economictimes.indiatimes.com
Apr 25, 2025 News Image Punjab advances horticulture export with strategic initiatives.
Punjab Horticulture Minister Mr. Mohinder Bhagat chaired a high-level meeting with officials to discuss strategies aimed at boosting the export of fruits and vegetables from the state, expanding the area under horticulture, and increasing farmers’ income. The meeting was held at Punjab Kheti Bhawan, Mohali on Tuesday.
 Source:  editorji.com
Apr 25, 2025 News Image UP to promote manufacturing, preparing policy for Rs 5 trn annual exports.
The Uttar Pradesh (UP) government is preparing a new export policy that will give incentives to manufacturers for promoting industrial growth and 'boosting shipments', a senior government officer has said. The state is promoting manufacturing to attain its target of Rs 5 trillion in annual exports in four to five years. It made exports worth Rs 1.71 trillion in FY24. The state aims to increase its share in India's export basket from 4.71 per cent to 7.5 per cent over the years.
 Source:  business-standard.com
Apr 25, 2025 News Image PM’s Saudi trip to push trade ties.
India and Saudi Arabia have agreed to deepen cooperation across multiple strategic sectors, including defence, investment, culture, and space after a meeting between Prime Minister Narendra Modi and Prince Mohammed bin Salman. The announcement came during the second meeting of the India-Saudi Arabia Strategic Partnership Council (SPC) the two leaders.
 Source:  newindianexpress.com
Apr 25, 2025 News Image High US tariff on China, provides opportunity for India, but only if exporters play by rules: GTRI.
Exporters eyeing new opportunities in the US market amid high tariffs of up to 245 per cent on China must proceed with caution, warns a new report by the Global Trade Research Initiative (GTRI). The sharp rise in US tariffs on Chinese goods--up to 245 per cent--has opened a window for other countries like India, which has a much lesser tariff of 10 per cent at least till July 8, but the path is not without traps.
 Source:  economictimes.indiatimes.com
Apr 25, 2025 News Image US Treasury Secy says India likely to be first to sign trade deal with Washington.
US Treasury Secretary Scott Bessent has said he expects India to strike the first bilateral trade deal to avoid President Donald Trump's reciprocal tariffs, according to the New York Post. A 26 per cent 'reciprocal' tariff on Indian exports to the US is currently on a 90-day pause, set to expire on July 8. However, like other countries, India is presently subject to a 10 per cent tariff under the existing policy.
 Source:  economictimes.indiatimes.com
Apr 25, 2025 News Image India likely to export up to 700,000 tons of sugar this season, ISMA member says.
India is likely to export 600,000-700,000 metric tons of sugar in the season to the end of September despite the government allowing 1 million tons of exports, a member of the Indian Sugar & Bio-Energy Manufacturers Association (ISMA) said on Thursday. The world's second-biggest sugar producer set the 1 million ton export allowance i9n January because the government and industry believed there was a surplus for overseas markets.
 Source:  economictimes.indiatimes.com
Apr 25, 2025 News Image India International Coffee Festival in Bengaluru from Friday.
The three day India International Coffee Festival (IICF) 2025 will be organised in Bengaluru from April 24. The Speciality Coffee Association of India has been appointed as the nodal agency by the Coffee Board to organise the IICF, which will be held at Chamara Vajra on Jayamahal main road, Bengaluru. DM Purnesh, President, Speciality Coffee Association of India, said IICF 2025 has received very good response from the coffee stakeholders. There will be over 100 stalls at the event including coffee companies, roasters, growers, equipment vendors, and also food stalls, he said.
 Source:  thehindubusinessline.com
Apr 25, 2025 News Image Paper covers boost Andhra mango exports and quality.
In India, Andhra Pradesh is set to export approximately 10,000 metric tons of Baneshan mangoes, primarily to Gulf and South Asian markets. The use of paper covers has been instrumental in achieving this export volume. These covers, provided by horticulture authorities, are offered to mango farmers at a subsidized rate of $0.02 per cover, reducing exposure to infections, pests, and environmental factors such as sun, rain, and wind.
 Source:  freshplaza.com
Apr 25, 2025 News Image India, South Africa Explore Local Currency Trade - Economic Ties Strengthened.
India and South Africa have discussed possibility of settlement of trade in local currency and unified payment linkage system with a view to further strengthen economic ties, the commerce ministry said on Thursday. They also deliberated on the proposed India-SACU (Southern African Customs Union) preferential trade agreement.
 Source:  money.rediff.com