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FAS Mumbai forecasts marketing year (MY) 2023/24 India cotton production at 26 million 480 lb. bales on 12.7 million hectares area planted, unchanged from the previous forecast.
FAS Mumbai forecasts marketing year (MY) 2023/24 (October-September) India coffee production at 5.9 million 60-kilogram bags, two percent higher than the previous estimate. Dry conditions from October through December are expected to result in higher Arabica yields, with less incidence of berry droppings and damage.
India’s Ministry of Heavy Industries and Ministry of Road Transport & Highways reduced the producer per-unit subsidy electric vehicles (EVs) from 40 percent to 15 percent of the manufacturer’s price.
On October 18, 2023, the Ministry of Commerce and Industry and the Directorate General of Foreign Trade (DGFT) amended the export restriction on sugar beyond October 31, 2023, to an indefinite period. The export of sugar under the CXL concession...
On October 18, 2023, the Cabinet Committee on Economic Affairs (CCEA) approved an increase in in the minimum support price (MSP) for Rabi oilseed crops for marketing year 2024-25 ahead of the parliamentary election in 2024.
On October 17, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified Direction STD/SP-08/A1.2022/N-01-Part (1).
India: India's FSSAI Waives its Clearance Requirement for Imported Food Products Meant for Re-Export
On October 16, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) published the advisory TIC-C10201/2/2022-IMPORTS-FSSAI.
On October 27, 2023, India’s Ministry of Agriculture and Farmers Welfare (MOAFW) released Indian crop year (ICY) 2023/2024 (July-June) First Advance Estimate for the kharif (fall harvested) crop.
FAS New Delhi forecasts India’s market year (MY) 2023/2024 (July-June) domestic apple and pear production at 2.41 million metric tons (MMT) and 312,500 metric tons (MT), in anticipation of favorable weather conditions in Jammu and Kashmir and Himachal Pradesh.
From September 24 to October 16, 2022, FAS New Delhi (Post) organized a nationwide “Taste of America Fusion Food” campaign at “Social,” (Social Ltd.) a chain of contemporary bistro restaurants. The three-week Taste of America promotion, held in eight, Social Ltd. outlets across five cities, highlighted the versatility, flavor, and wholesomeness of select U.S. food ingredients that can be utilized in India’s rapidly growing restaurant industry.
On February 8, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified on its website the Corrigendum 12014/01/2020-QA (January 19, 2022). This corrigendum modifies the earlier FSSAI Order No. 12014/01/2020-QA (November 3, 2021).
On February 1, 2023, India’s Ministry of Finance, Department of Revenue issued Notification No. 02/2023-Customs in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i) (official gazette), whereby it sets the import duty tariff rate for pecans, HS code 0802.9900, at 30 percent, effective April 1, 2023.