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Post raised the forecast for India’s centrifugal sugar production in marketing year (MY) 2024/2025 (October-September) to 35.5 million metric tons (MMT), due to adequate rainfall from the 2024 southwest monsoon.
For marketing year (MY) 2024/2025 (August-July), post forecasts India’s almond production marginally lower at 4,150 metric tons (MT) (shelled basis), compared to last MY estimates.
Soybean production in marketing year (MY) 2024/2025 is estimated at 12.9 million metric tons (MMT) on favorable conditions and slightly higher area.
FAS Mumbai forecasts marketing year (MY) 2024/25 India cotton production at 25 million 480 lb. bales on 11.8 million hectares planted area, a two percent decrease in area from the previous forecast, as farmers have shifted cotton acreage to higher return crops such as paddy, and pulses.
On July 20, 2023, the India’s Ministry of Commerce and Industry (MoCI)/Directorate General of Foreign Trade issued Notification No. 20/2023 – Amendment in Export Policy of Non-basmati Rice under Harmonized System (HS) Code 1006.30.90.
On July 5, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified Direction No. I-94/FSSAI/SP (Claims and Advertisement)/2017.
FAS New Delhi (Post) participated at AAHAR 2023 (March 14-18, 2023), India’s premier food and beverage tradeshow.
FAS New Delhi (Post) for the first time participated in the National Restaurant Association (NRA) Trade show and Sweets and Snacks Expo (SSE) 2023, leading a delegation of major Indian buyers.
On April 6, 2023, the Ministry of Commerce and Industry (MOCI)/Directorate of Foreign Trade (DGFT) issued Notification No. 03/2023 - Final Guidelines, Streamlining of the Halal Certification Process for Meat and Meat Products.