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On June 14, 2023, India’s Ministry of Finance issued Public Notice No. 39/2023 - Customs that reduces the import duty on refined sunflower and soybean oils.

India’s food retail sector will continue its upward trajectory following a decade of market evolution and sustained growth. The increased purchasing power of Indian households, growing awareness and access to gourmet products, and consumer awareness toward international cuisines and food products have acted as primary growth catalysts in the sector.

On June 8, 2023, the Government of India’s (GOI) Food Safety and Standards Authority of India (FSSAI) invited World Trade Organization (WTO) members to provide comments on draft amendments to the Food Safety and Standards (Alcoholic Beverages) Amendment Regulations 2023.

India’s average ethanol blending rate with petroleum for calendar year 2023 is estimated at 11.5 percent. The National Biofuels Policy of India, amended in May 2022, strengthens efforts to increase domestic ethanol output from sugarcane and multi-feed stocks by expediting pace toward blending goals.

On June 7, 2022, the Indian government announced the Minimum Support Prices (MSP) for all kharif (summer sown, autumn harvested) crops for Indian crop year (ICY) 2023/2024.

On May 22, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified on its website Direction REG-11027/3/2022-Regulation-FSSAI. The FSSAI direction informs that the draft Food Safety and Standards (Food for Infant Nutrition) Regulations (2022) are being re-operationalized.

Post forecasts MY 2018/19 cotton acreage at 12.35 million hectares with a production forecast of 28.1 million 480 lb. bales.

FAS Mumbai forecasts marketing year (MY) 2018/19 cotton acreage at 12.35 million hectares and production at 28.5 million 480-pound (lb) bales. Indian cotton exports will remain slow.

On September 17 2018, the Government of India’s (GOI) Ministry of Finance (MOF) extended the implementation date of an increase in the Basic Custom Duty on several U.S. agricultural products....

According to the Indian Meteorological Department (IMD), the cumulative rainfall for the Southwest Monsoon 2018 (June to September) was 9 percent lower than the fifty-year average....

India’s centrifugal sugar production in marketing year (MY) 2018/19 (October-September) is revised up to 35.9 million metric tons (MMT), 5 percent above last season....

India’s foodservice sector continues to rise as the number of restaurant diners grows.