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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.
After last season’s second-largest corn crop on record and a fourth consecutive bumper corn crop, the positive outlook for the South African grain industry will continue in marketing year 2023/24.
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.
Despite industry consolidation resulting in limited expansion, deciduous fruit production is expected to grow marginally as plantings come into production.
On October 25, 2023, the South African Department of Agriculture, Land Reform and Rural Development (DALRRD) announced that the ban on poultry imports from 27 US States have been lifted.
The African Growth and Opportunity Act (AGOA) which provides preferential market access to the United States is due for reauthorization in 2025.