Gems and jewellery exporters seek sops in India’s new foreign trade policy

gold-jewllery.jpg

Gems and Jewllery exporters have urged the government to provide support measures in the next foreign trade policy (FTP), 2020-2025, being formulated by the commerce ministry, to boost the country’s outbound shipments. Different suggestions were made by representatives of different export promotion councils during their meeting with the commerce ministry. Gems and Jewellery Export Promotion Council (GJEPC) […]

Read more

Soybean meal exports from India rise almost 600% in January 2021

Soybean-farming-courtsey-Cargill.jpg

South America’s adversity has turned out to be India’s blessing. Because of planting delays and the rains that have disrupted soyabean plantation and delayed harvest in south American countries like Brazil and Argentina, Soybean meal exports from India rose nearly six fold to 3.36 lakh tonnes during January because of higher demand in global markets. […]

Read more

India’s exports of cereals rise by 52% in nine months of current fiscal year

India’s exports of cereals — rice, wheat and coarse cereals — rose by 52% in the first nine months of the current fiscal year, according to the state-run Agricultural and Processed Food Products Export Development Authority (APEDA). The total exports of cereals  during the period rose to $4.5 billion, accounting for 48.6% of the total export […]

Read more

Trial shipment of Rio Tinto’s rough diamond from Canada to Surat SNZ paves way for diamond polishing shipments from mid-Feb

Diamonds.jpg

A trial shipment of rough diamond of miner Rio Tinto from Canada arrived at the Surat International Diatrade Centre (SIDC) last week before it starts operating likely from next month, an official of the Gem and Jewellery Export Promotion Council (GJEPC) said. The SIDC at Surat’s Gujarat Hira Bourse was declared a special notified zone […]

Read more

India’s guar seed exports declined in 2020; hoping for opportunities in 2021

guar-gum-1.jpg

It has been a dismal story for Guar producers in 2020. Guar prices were already negative affected in 2019 by weak demand from global markets, and in 2020 the ongoing COVID-19 pandemic made the situation far worse for the Guar seed industry. Demand from the oil rig companies where usage of guar gum to extract oil is higher, halted. World markets had turned sluggish mainly because of a slump in demand […]

Read more