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Despite payment delays in Iran, India’s basmati exports up 33%
In Iran, the biggest buyer of Indian basmati, payments were held up as the country’s central bank delayed allocation of the currency to traders to buy rice and other commodities. December 15, 2020 / 05:58 PM IST
India’s basmati rice exports continue to grow, especially to Iran, despite shippers facing payment problems from the largest buyer of the fragrant grain.
“Basmati exports are doing very well. They are 30 percent higher this year compared with last year,” former president of Delhi-based All India Rice Exporters Association (AIREA) Vijay Setia said.
According to the Agricultural and Processed Food Products Export Development Authority (APEDA), an arm of the commerce ministry, basmati exports in the first half of the current fiscal were up 33 percent at 27.44 lakh tonnes compared with 20.57 lakh tonnes during the year-ago period.
India s foreign ministry to launch portal to boost two-way economic engagement
The webiste is developed and managed by the Economic Diplomacy Division of the Foreign MinistryPremium
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The website will be a one stop reference point for all those looking for latest updates in policy announcements for improving the Ease of Doing Business
Featured on the site will be agencies in India such as APEDA, the nodal body for agricultural exports from India, among others
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New Delhi: The Indian foreign ministry will launch a special website later this week that will showcase “Brand India and its state and sector wise economic strengths with the twin aims of boosting domestic exports as well as attract foreign direct investment into Asia’s third largest economy.
(Technology & Software) by Technology Type (RFID, Barcodes, Infrared, Biometrics, GPS), Software Type (ERP, LIMS, Warehouse), Software End User, Technology Application and Region - Global Forecast to 2025 , published by MarketsandMarkets™, the global Food Traceability Market size is estimated to be valued at USD 16.8 billion in 2020. It is projected to reach USD 26.1 billion by 2025, recording a CAGR of 9.1%, in terms of value. There is an increase in the demand of tracking the safety and concern about food and beverages, which is driving the market.
The food manufacturing technology application segment is projected to witness significant growth during the forecast period.
Food traceability software not only proves to be beneficial for end-use consumers but also to all the stakeholders along the food supply chain right from the growers to the end product distributors. The most well-known collaboration project about traceability so far is between Walmart and IBM. A surge and shi
India’s foreign ministry to launch economic diplomacy portal to facilitate two-way economic engagement
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Foreign Minister S. Jaishankar will launch MEA’s website on Economic Diplomacy www.indbiz.gov.in to showcase India’s economic, sectoral, and State-wise strengths that make for an attractive economic partnership. The website is being developed and managed by the Economic Diplomacy Division of the Ministry of External Affairs.
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It aims to provide critical and relevant information on major economic indicators, central and state government policy updates as well as the latest business news and trade data, sources said.
New Delhi: India’ Foreign Ministry will launch a website on Economic Diplomacy on Wednesday to provide a vast repository of resources on economic opportunities and news and facilitate two-way economic engagement.