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India presents both significant opportunities and notable challenges for U.S. food and beverage exports. As the world’s fastest-growing major economy and currently the fifth largest globally, India is projected to rise to third place by 2028.
Post estimates India’s ethanol production in calendar year (CY) 2025 to reach 10.5 billion liters (BL), marking a 46 percent increase over 2024 due to improved feedstock availability and favorable monsoon conditions.
On May 27, 2025, the Indian Metrological Department forecast an above-normal precipitation in the upcoming 2025 monsoon in most parts of the country.
On May 30, 2025, India reduced its import duty on crude soybean, sunflower, and palm oil from 20 percent to 10 percent, lowering the effective duty to 16.5 percent.
India published guidelines for accepting recycled Polyethylene Terephthalate (rPET) as a food contact material. These guidelines are in alignment with its recently published measure that aims to enhance food safety standards by allowing the use of rPET for food packing, storage, and distribution.