India eyes larger export share as Sri Lankan tea faces challenges

Kolkata: Indian firms are looking to increase their market share in tea exports as Sri Lanka, a major tea producer and exporter, is facing various challenges.

China clears 14 Indian rice companies for export amid trade war with US

New Delhi: China has allowed imports of basmati rice from 14 out 19 registered Indian rice companies and with this clearance non-basmati rice can also be exported to China.

India's sugar output is expected to reach a record 35-35.5 million tonnes

New Delhi: Sugar production in India is likely to rise by 10 per cent to touch 35.5 million tonnes in October 2018 - September 2019, as per a report by Indian Sugar Mills Associati...

MEIS rate hike to benefit Indian agri exporters marginally

Mumbai: The Government of India has raised incentives under the Merchandise Export from Indian Scheme (MEIS) by 3 per cent to 10 per cent on majority of agricultural products to bo...

Dairy sector to see Rs 140-billion investment in 3 years: CRISIL

Mumbai: Dairy sector to receive about Rs 140 billion (US$ 2.04 billion) investment by 2022 due to rising demand for value added products as per a report from CRISIL.

Seafood export rises 22% to nearly US$ 7.1 billion in 2017-18

Chennai: Seafood exports from India have increased by 22 per cent year-on-year to US$ 7.1 billion in 2017-18.

Venture Capital firms looking at agriculture start-ups for rich harvest

Bengaluru: India's Venture Capital (VC) in agri start-up space increased to total of 11 investments of around Rs 2.5 billion (US$ $37 million) in 2017 from 10 investments of ar...

Sugar export norms relaxed: 1 milllion tonnes outflow likely by September

Mumbai: Sugar mills in India are expected to export one million tonne of sugar by September 2018 on the back of relaxation of export norms by Government of India.