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Thursday / April 25. 2024

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HomePosts Tagged "Ministry of Commerce & Industry"
Horticulture, India, Supply Chain, Trade

APEDA is working towards exploring new markets for cashews in the international markets of Japan, Saudi Arabia, UK, Spain, Kuwait, Qatar, USA European countries, etc.

The Agricultural and Processed Food Products Development Authority (APEDA), an organisation under the Ministry of Commerce, Government of India, played an instrumental role as an export facilitator and flagged off its Cashew Nut shipment to Bangladesh, Qatar, Malaysia and the USA to mark National Cashew Day. Bangladesh will be receiving its first-ever shipment of Cashew Nuts all the way from Odisha.

After Côte d’Ivoire, India is the second largest producer and exporter of Cashew Nuts with a share of more than 15 per cent, followed by Vietnam in the world’s cashew export. India’s top export destinations are the UAE, the Netherlands, Japan, and Saudi Arabia. Maharashtra, Andhra Pradesh, Odisha, Karnataka and Tamil Nadu are the major cashew-producing states in India. India primarily exports Cashew Kernels with small quantities of Cashew Nut Shell Liquid and Cardanol.

With the UAE and the Netherlands remaining as the top export destinations for Indian Cashew Nuts, APEDA is working towards exploring new markets for cashews in the international markets of Japan, Saudi Arabia, UK, Spain, Kuwait, Qatar, USA European countries, etc.

The demand for cashew products has been on the rise, and to see the industry evolve and thrive is a heartening moment. The growth is a testament to the hard work of the farmers, processors, and exporters.

As soon as Cashew Nut and its product has come in the ambit of APEDA, it has been engaging with the stakeholder of Cashew Nut sector to address the various issues and challenges facing the industry in the form of modernization and the processing facilities, logistics, quality and strict international competition.

In the future, APEDA may intervene in the automation of the cashew industry. Training of professionals, registration of cashew processing units, and a traceability system will be formulated for cashew, replicating peanuts. APEDA will disseminate cashew-related information to stakeholders. APEDA is dedicated to continually exploring innovative methods, leveraging technology, and strengthening trade relations to ensure that Indian cashew products reach every corner of the world.

APEDA is working towards exploring new markets

Acts & Schemes – Centre, India, Start ups

Agri startups one of key partners to boost agriculture exports

Kailash Choudhary, Minister of State (Agriculture and Farmers Welfare), Ministry of Agriculture and Farmers Welfare, Government of India said that soon an accelerator programme of Rs 500 crore will be started to take forward the successful initiatives of Agri Startups in which DARE, DPIIT, Agri Incubators, agriculture universities, research institutes, investors and other stakeholders will be included.

Choudhary said that there will be a separate division of Agriculture Startup to be set up in the Ministry to be led by Joint Secretary. “A cell will also be created to work as a single window agency to facilitate all the linkages required for agri startups,” he added.

Dr Sudhanshu, Secretary, APEDA, Ministry of Commerce and Industries, GoI, emphasised that increasing agriculture exports is a national imperative and Agri startups are potential partners in this journey. Efforts are being made to promote and support agri startups for engagement in agri exports and strengthening of the startup ecosystem.

Agri startups one of key partners to

AgroPolicy, Trade, World

Trade delegations will visit Morocco, Tunisia, Indonesia, Philippines, Thailand, Vietnam, Turkey, Algeria and Lebanon

The Centre will send trade delegations to Morocco, Tunisia, Indonesia, Philippines, Thailand, Vietnam, Turkey, Algeria and Lebanon for exploring possibilities of boosting wheat exports from India. India has set a target of a record 10 million tonnes of wheat in 2022-23 amid rising global demand for grain globally.

The Ministry of Commerce & Industry has already set up a task force on wheat exports with representatives from various ministries, including commerce, shipping and railways, and exporters under the aegis of the Agricultural and Processed Food Products Export Development Authority (APEDA).

The Department of Commerce has also planned to organise a series of sensitisation meetings on exports in major wheat growing states such as Punjab, Haryana, Madhya Pradesh, Uttar Pradesh and Rajasthan. The APEDA organised one such interactive meeting with various stakeholders including farmers, traders and exporters in Karnal, Haryana for the promotion of wheat export and to ensure the shipment of quality produce. The stakeholders’ meet was organised in collaboration with ICAR-Institute of Wheat and Barley Research, Karnal, where experts discussed opportunities and challenges in the sphere of wheat export.

“We are extending our support to all the stakeholders in the wheat exports value chain for boosting shipment from the country,” M Angamuthu, Chairman, APEDA, said.

According to estimates by the Directorate General of Foreign Trade, India has exported a record 7 million tonne (MT) of wheat in 2021-22 which is valued at $ 2.05 billion. Out of the total shipment around 50% of wheat was exported to Bangladesh in the last fiscal.

Recently, Egypt, which is one of the world’s biggest importers of wheat, had agreed to source wheat from India. Egyptian authorities have put India as one of the origins of this strategic commodity. Egypt imported 6.1 MT of wheat in 2021 and India was not part of the list of accredited countries which can export wheat to Egypt. More than 80 per cent of Egypt’s wheat imports estimated to be close to $2 billion in 2021 were from Russia and Ukraine. APEDA has already communicated to exporters to register with Egypt’s public procurement agency – the General Authority of Supplies and Commodities, which manages wheat and sugar imports to the north African country.

Trade delegations will visit Morocco, Tunisia, Indonesia,

AgroPolicy

The meeting followed directions from the Ministry of Commerce & Industry to scale up shipments in order to alleviate any global supply chain disruptions in view of the geopolitical situation

Amidst a record surge in wheat exports in the current fiscal, the Agricultural and Processed Food Products Export Development Authority (APEDA) recently organised a meeting of key stakeholders in the value chain for promoting exports to those countries which have a huge shipment potential.

The meeting, held on March 17, 2022, followed directions from the Ministry of Commerce & Industry to scale up shipments in order to alleviate any global supply chain disruptions in view of the geopolitical situation.

The meeting was chaired by APEDA chairman Dr M Angamuthu and had participation of key stakeholders such as traders, exporters, port officials, policy influencers from the Ministries of Food & Consumer Affairs, Railways and officials from various State Governments.

The export of wheat recorded a huge surge at $1742 million during April-January 2021-22, growing 387 per cent over the corresponding period in 2020-21 when it touched $340.17 million.

India has reported a wheat export worth of $2352.22 million in the last three years, including the first ten months of current fiscal 2021-22. In 2019-20, the wheat export was worth $61.84 million which rose to $549.67 million in 2020-21.

India is in final talks to start wheat export to Egypt, while discussions are going on with countries like Turkey, China, Bosnia, Sudan, Nigeria, Iran, etc to start wheat export.

The meeting followed directions from the Ministry