Gems and jewellery exports to witness a sharp decline in the first quarter of FY21: CARE

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The gems and jewellery exports are expected to witness a sharp decline in March as well as in the first quarter of the next fiscal due to disruptions caused by the Coronavirus outbreak. An industry that is largely trade-oriented and attracts over over 5,000 exhibitors and 1,00,000 buyers at various trade fairs has witnessed a […]

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Corona outbreak may boost India’s agri exports, says Agriculture Ministry analysis

Amid the crisis over the global market due to the Coronavirus outbreak, the centre has identified 21 agricultural products wherein India can grab part of China’s market share. As per reports, these include honey, potatoes, grapes, soya beans, and groundnuts, in which Indian exports could benefit from trade restrictions against Chinese goods across the global […]

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Nashik onion growers seek relief of Rs 5/kg for 45-day period for government’s delay in banning exports

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The onion growers in Nashik are seeking a compensation of Rs 5 per kg for the period from February 1 to March 15 for the delay in the government’s decision to revoke the ban on exports. A report in the Financial Express quotes Bharat Dighole, president, Maharashtra State Onion Growers’ Association, who pointed out that […]

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Oilmeal exports drop 74% in February 2020 on better price realisation

The export of oilmeals during February is provisionally reported at 76,017 tonnes compared to 294,510 tonnes in February last year— down by 74 per cent, according to the Solvent Extractors’ Association of India (SEA). The overall export of oilmeals during April 2019 to February 2020 is reported at 2,200,690 tonnes compared to 2,941,971 tonnes in […]

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Coronavirus epidemic grounds groundnut exports to China to a halt

After two months of meteoric rise, groundnut import orders from China have come to a standstill due to the coronavirus outbreak there, reports Business Standard. Data compiled by the Agricultural & Processed Food Products Export Development Authority (APEDA) showed India’s groundnut exports jumped by a staggering 27 per cent to 454,373 tonnes for the period between April and December 2019 as […]

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India’s diamond exports may fall 20% as China battles Coronavirus: GJEPC

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India’s diamond exports may decline by 20 per cent this financial year as global demand weakens because of travel and trade restrictions to prevent the spread of Coronavirus, says Business Standard. Data compiled by the Gems and Jewellery Export Promotion Council (GJEPC) showed cut and polished diamonds worth $16.32 billion were exported between April 2019 and […]

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