India has allowed the export of 300,000 tonnes of non-basmati rice and 200,000 tonnes of wheat to Bangladesh, a government statement said on Friday, as good rainfall and higher planting have boosted crop prospects.
India is unlikely to be impacted by the new melamine and aflatoxin limit set by the UN Codex Alimentarius Commission (Codex), a body run jointly by the Food and Agriculture Organisation (FAO) of the United Nations and the World Health Organisation.
The commerce ministry recently said in a summit that the ministry was aiming to build a coalition with the ministry of agriculture, ministry of food processing industries and other aligned ministries to create export opportunities for rural entrepreneurs through sustained market promotion and market access initiatives in coming years.
India has set a target of exporting organic food worth $1 billion in the next five years with its produce receiving wide acceptance in many mature markets of the US and Europe, a top official said on Saturday.
Bharti Wal-Mart wants to source $1-billion worth of goods from India and help the country become a food exporter, says Scott Price, president and CEO of Wal-Mart Asia.
India aims to increase its exports of basmati rice by at least 20% next financial year by selling to two new countries and growing shipments to existing buyers, an adviser to a state-run export promotion agency said Friday.
Thailand-based Minor Food Group will enter the Indian market next year and plans to bring three of its major brands of ice-cream, pizza and cafe.
The State government would soon set up a mango export zone in Krishnagiri, said Krishnagiri Collector V K Shanmugam at the 17th annual mango expo held at Government Boys Higher Secondary School on Monday.
India’s Food Ministry will decide on easing a ban on non-basmati rice exports after monitoring the monsoon’s progress to ensure that the country has enough supplies in case the annual rains are lower than expected, paring fresh crop output.
