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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.
On February 1, 2023, the Ministry of Finance, Government of India presented its annual Union Budget to the Lok Sabha (lower parliament house) for Indian fiscal year 2023/2024 (April 1-March 31). In its Finance Bill, 2023 (No. 02/2023-Customs), the Finance Ministry announced changes in customs and central excise duty rates for various commodities, including pecans.
India’s upcoming rabi (winter sown, spring harvested) crop acreages has been boosted to record levels on adequate 2022 monsoon rains in October and generally favorable weather conditions.
India is the world’s second largest social media user base and provides significant opportunities to market U.S. foods and ingredients. From November 24 through December 31, 2022, the Foreign Agricultural Service in New Delhi (FAS New Delhi) conducted an online promotional activity with Indian Chef Deeba Rajpal to generate enthusiasm and demand for U.S. baking ingredients during the holiday season in India.
FAS Post estimates India’s marketing year (MY) 2019/20 cotton production at 29.3 million 480 lb. bales (37.5 million 170-kilogram bales/6.4 MMT) with a planting area of 12.5 million hectares.
On May 2, 2019, the Government of India’s (GOI) Ministry of Finance (MOF) further deferred the implementation date, from May 2, 2019, to May 16, 2019, of the proposed increase in the basic custom....
On May 2, 2019, the Government of India’s Food Safety and Standards Authority of India (FSSAI) published a notice to extend its timeline for imports of specialty foods for special medical....
On May 24, 2019, the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry issued a notification that biofuel imports (non-fuel use) in India will now require....
No significant changes in the PSD for rice, wheat and corn to report.
The Indian Meteorological Department (IMD) published its second long-range forecast predicting a normal Southwest Monsoon (June to September) for 2019.