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Friday / March 29. 2024
HomePosts Tagged "Mumbai"

Thai shipping line Regional Container Lines (RCL) has decided to enhance its service and connect major ports in Southeast Asia, India and Gulf countries

India’s maritime connectivity is set to receive a significant boost, as the Thai shipping line Regional Container Lines (RCL) has decided to enhance its service and connect major ports in Southeast Asia, India, and Gulf countries. The RCL route will now include Saudi Arabia’s King Abdulaziz Port, starting from Cai Mep Port in Vietnam with stops at Laem Chabang in Thailand, Port Klang in Malaysia, Nhava Sheva in Mumbai, Jebel Ali near Dubai, and Sohar in Oman, in addition to the Saudi port.

The service will be extended from the current 35-day period to a 42-day period.

Although RCL currently deploys one vessel in this cargo service, it is possible that more vessels could be added to this route in the future, according to an analyst.

The new shipping route will greatly benefit India as it seeks to strengthen its ties with Southeast Asian and Gulf nations. This route will connect India with both regions and help boost trade in the post-Covid era.

Towards the end of this year, the Mediterranean Shipping Company (MSC) plans to launch a liner service that will connect Mundra and Nhava Sheva in India with Saudi Arabia’s Jeddah Islamic Port. This move is likely to result in a significant increase in economic transactions between India and the Gulf nations.

Following the signing of the Comprehensive Economic Partnership Agreement between India and the UAE, New Delhi is now eager to proceed with the proposed free trade agreement with the Gulf Cooperation Council (GCC) countries as soon as possible. Additionally, Saudi Arabia and the UAE are set to become members of the BRICS bloc next year. India is already working to enhance trade with these nations using its own currency, the rupee.

India has maritime borders with several countries, including Thailand, Malaysia, Myanmar, Bangladesh, Sri Lanka, and Indonesia. As a result, it is important for New Delhi to improve its maritime transport capabilities. Increasing cargo handling capacity by 300 per cent at ports by 2047 is a goal for India, and connecting with important hubs will help achieve this.

Thai shipping line Regional Container Lines (RCL)

Westfalia ripe and ready-to-eat avocados will be available in a special punnet and consumers can be assured of consistent quality and ripeness

Westfalia Fruit India announced the launch of its first Avocado ripening facility in Mumbai, India. This will allow the company to supply avocados that are ready to eat to consumers in Mumbai and neighbouring areas.

The dedicated ripening chamber has been built in Navi Mumbai, near the APMC market and was launched at a ceremony. In addition to the Westfalia Fruit India leadership team, the launch ceremony was attended by leading fruit distributors, wholesalers, offline retailers, and e-commerce operators.

Westfalia Fruit India has established itself as the market leader and largest importer of avocados in India. Westfalia Fruit started its India journey last year and has already supplied over 1,000 MT of avocados to the Indian market in 2023. This year also marks the first year of commercial harvest of Indian-grown Hass avocados. Over the next few years, over 500 acres of our existing Hass avocado plantations in Southern India will come into production, enabling consistent year-round availability of avocados for consumers.

Speaking at the launch, Zac Bard, Director – Westfalia Fruit India, said that “Avocado ripeness has been a challenge for both retailers and consumers in India. Many consumers in India are not sure when is the perfect time to eat an avocado. Retailers also at times are unaware of how to differently handle Hass avocados at different stages of their ripeness. Our perfectly ripened avocados will look to address this gap in the market.”

“Westfalia ripe and ready-to-eat avocados will be available in a special punnet and consumers can be assured of consistent quality and ripeness. This ripening facility will be a milestone in India and will change the way avocados are marketed and consumed”, added Zac.

“Westfalia Fruit India is excellently placed to offer avocados consistently from multiple origins all year round mentioned,” GVK Naidu, Director – Westfalia Fruit India and MD of Sam Agri group, the Indian JV partners of Westfalia. “This ripening facility in Mumbai is just the start and in the coming months, we will have similar facilities in other major metros of the country,” added Naidu.

Westfalia ripe and ready-to-eat avocados will be

This year’s mango exports to New Zealand surpassed 100000 kilogrammes, with the possibility of further imports by the end of the month

According to New Zealand’s Ministry of Primary Industries, mango imports from India to New Zealand have tripled this year compared to last year. In 2022, New Zealand imported less than 30000 kilogrammes of mangoes from India, but this year’s figure has already surpassed 100000 kilogrammes, with the possibility of further imports until the end of the month.

Mango season in India typically starts in April and ends in July after the onset of monsoon rains. The increase in the volume of mango imports from India can be attributed to the resumption of services at the Maharashtra Agricultural Marketing Board vapour heat treatment facility in Mumbai, which is one of two facilities licensed to treat mangoes for export to New Zealand.

The suspension of mango exports from Mumbai to New Zealand in July 2020 was lifted in May this year following a virtual audit in February and an in-country audit in April. Mangoes imported into New Zealand must comply with the Import Health Standard and the bilateral agreement between the two countries. The facility in Mumbai has treated approximately 87407 kilogrammes of mangoes in the past three months, which accounts for about 80 per cent of total mango imports from India to New Zealand. However, despite the improvement in trade figures, mango exports from India to New Zealand still lag behind those from Latin America, with Peru leading the pack at 65.7 per cent of overall mango imports to New Zealand, followed by Mexico at 15.3 per cent, Australia at just under 10 per cent, and India at 6.9 per cent. Australia has been overtaken by South and Central American nations as the country’s largest source of mango.

This year's mango exports to New Zealand

This year’s rubber expo will be the largest rubber trade show ever held in the Asia-Pacific region

The 11th India Rubber Expo (IRE) will be held in Mumbai from March 20 to 23, 2024, and it will be organised by the All India Rubber Industries Association (AIRIA).

According to reports, this year’s rubber expo will be the largest rubber trade show ever held in the Asia-Pacific region.

The rubber expo aims to present the most recent technological developments in the rubber industry, bring together rubber traders under one roof, increase the number of exhibitors, and evaluate the state of the market at the moment.

More than 450 exhibitors, including homegrown and global players from more than 30 nations, are supposed to take part in the exhibition. Roadshows will be held in major cities like Mumbai, Bengaluru, Chennai, Kolkata, and Ahmedabad to promote this expo.

“We are well aware that rubber, as an essential component in most sectors, has immense growth potential in India,” stated Vishnu Bhimrajka, Chief Convener of IRE 2024. Keeping this in mind, an event of this magnitude will provide the ideal occasion to investigate novel products, technologies, and innovations that may contribute to the industry’s expansion.

Ramesh Kejriwal, Leader of AIRIA and Co-Convener of Fury 2024, said, “Similar to each year, this time as well, we are expecting interest from probably the greatest elastic merchants from across Asia. This is an opportunity for newcomers to connect with established players, promote their brand, and exchange ideas. IRE’s ultimate objective is to “pave the way for collective action to achieve ambitious goals by facilitating collaboration between entities and facilitating collaboration.”

Due to its highly diversified application in industries like automobiles, railways, defence, energy and infrastructure, mining, transportation, agriculture and food products, textiles, paper and printing, construction, machinery and equipment, and healthcare, the rubber industry, which generates approximately Rs12,000 crore in revenue, is poised for rapid expansion.

This year's rubber expo will be the

The WSC will open new opportunities to promote international trade of Indian spices with G20 countries

With an aim to open up newer opportunities to promote international trade of Indian spices, the 14th edition of the World Spice Congress (WSC), is to be held in Mumbai from 16-18 February 2023. The theme of the WSC 2023 is VISION 2030: S-P-I-C-E-S (Sustainability, Productivity, Innovation, Collaboration, Excellence and Safety). The WSC is organized by the Spices Board with active participation of Spice Trade Associations in India like the Indian Spice & Foodstuff Exporters’ Association –Mumbai, Indian Pepper and Spice Trade Association –Kochi, Indian Chamber of Commerce-Kolkata and Federation of Indian Spice Stakeholders – Unjha, Gujarat.

D Sathiyan, Secretary, Spices Board, Ministry of Commerce and Industry, stated that this edition of the WSC is special because it coincides with India’s G20 presidency. He was speaking at the curtain-raiser press conference held in Mumbai. He further said that it will provide a platform for the stakeholders to discuss the industry’s current trends after COVID-19 and chart out a way forward. The event, organised to create a platform not only for traders but also policy regulators, will have special business sessions dedicated to promoting spice trade among the G20 countries. Policy makers, regulatory authorities, spice trade associations, government officials as well as technical experts from key G20 countries will participate in the event, informed Sathiyan.

Providing details of the events planned for the Congress, Sathiyan said that, Piyush Goyal, Minister of Commerce and Industry and Anupriya Patel, Minister of the State, Ministry of Commerce and Industry have consented to grace the WSC 2023, to be held at the CIDCO International Convention Centre, Navi Mumbai. Piyush Goyal will also distribute the trophies and Awards for Excellence in Exports of Spices on 17th February 2023.

WSC 2023 Highlights:

This year’s WSC 2023, supported by the Government of India, is expected to be bigger and far more diverse compared to previous editions and will have special state pavilions and commodity pavilions. The event will provide an opportunity for the spice fraternity to meet and promote Indian brands before a bigger global audience.

The business sessions of WSC 2023 will focus on topics such as:

India – The Spice Bowl for Global Market

Perspectives on addressing Food safety & Quality Requirements for Spices (Presentation/Panel Discussion with Regulatory Authorities);

Strengthening Global Spice Trade-Country Perspective & Opportunities

Crops & Markets – Forecasts & Trends

Spice Market outlook by International Spice Trade Associations

The WSC will open new opportunities to

Company plans to expand the western belt and aims to add over 100 partners by the end of September.

Delhi -based agritech start-up and India’s first community group buying platform for fresh produce, Otipy, enters the west market by launching its services in Mumbai. With the app, Otipy will provide the residents of the city with a single platform to buy and get the farm fresh fruits & vegetables delivered to their doorsteps.

Otipy is offering an essential range of Fresh Fruits and Vegetables and plans to add more products to this category along with FMCG items, dairy, and bakery products in near future. Working on the B2B2C model the start-up connects end consumers to farmers through a community of resellers who handle the last-mile delivery of fresh produce. With the help of AI-based demand prediction, Otipy procures its produce from farmers from different parts of the country and leveraging its unique prediction-based model, the start-up has been able to decrease food wastage in the supply chain from 40 percent down to just 3 percent.

Otipy follows a special supply chain model of 12 hours delivery with only two touch points which acts as a crucial point to ensure fresh deliveries. The experience and knowledge of F&V help to cater the consumers in the best way possible with innovations in packaging and delivery model. Thus, promising delivery of fresh produce at your doorstep before 7 am.

Talking about the latest expansion, Varun Khurana, Founder & CEO says,” Conventional fruits & vegetable supply chain takes almost 48-72 hours to reach consumers directly from the farms. In 48-72 hours, freshness, as well as the nutrition value, deteriorates. Through our model, we ensure that the customers get the order in as little as 12 hours only. We deliver the freshest produce to consumers straight from the farms with minimal logistics costs around the industry. With our latest expansion in Mumbai, we hope to provide fresh produce with the fastest delivery guarantee”.

Otipy is expanding its operations in Thane and other areas in Mumbai like Powai, Mulund, and Bhandup this will be followed by the Suburban areas like Andheri and Navi Mumbai regions of Mumbai. Through this expansion, Otipy plans to expand the western belt and add more partners and community leaders. Otipy aims to add over 100 partners by the end of September.

Company plans to expand the western belt

Suphala 10:26:26 and VIPULA 10:10:10 increases crop yield to a much larger extent

Bhagwanth Khuba, Union Minister of State for Chemicals and Fertilizers & New and Renewable Energy, Government of India launched the newly manufactured NPK grade of Rashtriya Chemicals and Fertilizers (RCF) – Suphala 10:26:26 in Mumbai. Khuba also launched the newly developed RCF R&D product VIPULA 10:10:10 on the occasion.

Suphala 10:26:26 is a balanced fertiliser and is suitable to be used for all crops. It improves root growth and development and maximises plant vigour, increases the number of tillers in the case of paddy, sugarcane, wheat and branches in cotton, fruits and vegetables, improves the number of fruits, tubers, bolls, grains besides improving the sugar content in sugarcane and starch content in potatoes.

VIPULA increases the yield to an extent of 30 per cent in wheat and 21 per cent in rice crops. It increases the shelf life of the crop produce and is economically priced at Rs 250 for a bottle of 250 ml, which is sufficient for one acre of land.

Suphala 10:26:26 and VIPULA 10:10:10 increases crop

The feed mill will look into different feed ingredients for the Fish Feed preparation

Jatindra Nath Swain, Secretary (Fisheries), Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying, Government of India inaugurated the Mobile Feed Mill (CIFE Model) developed by the FNBP Division, ICAR-Central Institute of Fisheries Education, Mumbai, Maharashtra. Swain stressed the capacity of Mobile Feed Mill and the use of the different feed ingredients for the Fish Feed preparation.

Dr Joykrushna Jena, Deputy Director General (Fisheries Science), ICAR; Dr C Suvarna, CEO, National Fisheries Development Board, Hyderabad; Dr Ravishankar CN, Director, ICAR-CIFE, Mumbai; Dr NP Sahu, Joint Director, ICAR-CIFE, Mumbai; Dr Parimal Sardar, HoD, FNBP Division, ICAR-CIFE, Mumbai and Principal Scientists, FNBP Division, ICAR-CIFE participated in the event.

Dr Sikendra Kumar, Scientist, ICAR-CIFE, Mumbai underlined the features of the Mobile Feed Mill having capacity of making 40 kgs Pelleted Feed per Hour. He stated that the Mill developed under the Tribal Sub Plan Scheme will cater to the need of the marginal farmers for making feed using the available ingredients with them at the pond site itself of the tribal farmers. This will enhance the aquaculture productivity of the farmers.

The feed mill will look into different