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This report explores India’s Hotel, Restaurant, and Institutional (HRI) sector with an overview of the industry’s growth, key players, and market trends. Key factors driving expansion include urbanization, rising incomes, and an increasingly consumer...
FAS New Delhi expects India’s peanut oilseed production to rise by 18 percent in marketing year (MY) 2024/2025 and reach 7.2 million metric tons (MMT) due to higher market prices, an increased planting area of 5.6 million hectares, and the use of high-yielding varieties that produced higher yields.
On November 5, the Ministry of Agriculture and Farmers Welfare published a marketing year 2024/25 production forecast at the lowest level in five years, at 23.4 million 480 lb. bales on an area of 11.4 million hectares.
Cumulative rainfall during India's 2023 northeast monsoon was nine percent lower than the fifty-year average, according to India’s Meteorological Department (IMD), spurred by a delay in onset of nearly 20 days.
In 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) published a series of food safety notifications. The FSSAI has re-operationalized its Labeling and Display Regulations, to include a six-month implementation extension of the disclaimer for brand names and trademarks on front-of-pack labels.
In the calendar year (CY) 2023 (January-December), India's Ministry of Fisheries, Animal Husbandry and Dairying/Department of Animal Husbandry and Dairying published the requirement for an integrated veterinary health certificate (VHC) for the import of milk and milk products into India.
On January 3, India’s Department of Animal Husbandry and Dairying (DAHD) published on its website, Office Memorandum L-11/1/2019-Trade (E-11542), to delay the implementation timeline of the new integrated Veterinary Health Certificate requirements for milk and milk products by six months.
India is the world’s most populous country and boasts one of the fastest growing economies in the world. As Indian households continue to reach higher levels of consumer spending, imported agricultural products are becoming more accessible to a larger number of people.