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Category: Business Trends

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India Targets ₹8,549 Crore in Turmeric Exports by 2030: Major Push for Agri-Logistics & Global Trade

In a significant move to strengthen India’s agricultural exports and rural economy, Union Home Minister and Minister of Cooperation Mr. Amit Shah, announced a ₹8,549 crore (US$1 billion) turmeric export target by 2030. The announcement came during the inauguration of the National Turmeric Board Headquarters in Nizamabad, Telangana.
The newly established board is designed to transform the turmeric value chain—from production and processing to global marketing and exports—while directly addressing the long-standing demands of turmeric farmers.

Key Highlights:

  • Export Target: ₹8,549 crore (US$1 billion) in turmeric exports by 2030.
  • New National Turmeric Board: Launched in Nizamabad, Telangana to focus on:
  • International branding and marketing
  • Packing and logistics support
  • Facilitating overseas exports
  • Farmer Support:
  • Ensuring remunerative prices for growers
  • Rs. 200 crore (US$23.39 million) allocated for:
  • Research & Development
  • Quality enhancement
  • Increasing farmer incomes
  • Political Context: Fulfills a 2023 election promise by PM Narendra Modi to Telangana farmers.
  • Strategic Vision: Aligned with India’s broader agri-export strategy to increase global market share through structured value-added supply chains and export-led growth.
This initiative not only reflects India’s ambition to dominate the global turmeric market but also signals a major shift towards organized agricultural logistics, export infrastructure, and farmer empowerment.
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India Exports Rose-Scented Litchi from Pathankot to Qatar and UAE in First-Ever Dual Shipment

In a sweet breakthrough for India’s horticultural exports, the first-ever consignment of rose-scented litchis from Pathankot, Punjab, was successfully shipped to Doha, Qatar, and Dubai, UAE, on June 23, 2025. This milestone marks a major step in India’s agri-export journey, showcasing premium fruit varieties on global shelves.
The shipment was jointly flagged off by the Agricultural and Processed Food Products Export Development Authority (APEDA) and the Department of Horticulture, Punjab, under the broader support of the Ministry of Commerce and Industry and the Ministry of Agriculture and Farmers Welfare.

Key Highlights:

  • 1 metric tonne of rose-scented litchi exported to Qatar, and 0.5 metric tonnes to UAE from Pathankot.
  • Sourced from progressive farmer Mr. Prabhat Singh of Sujanpur, ensuring traceable and premium quality.
  • Shipment supported by APEDA, Punjab Horticulture Dept., and retail giant Lulu Group.
  • Punjab contributed 71,490 MT (12.39%) to India’s total litchi production in FY24, as per the National Horticulture Board.
  • India’s fruit and vegetable exports touched ₹33,085 crore (US$ 3.87 billion) in FY25 — up 5.67% YoY.
  • While mangoes, bananas, grapes, and oranges dominate, new heroes like litchi, cherries, and jamun are gaining traction globally.

Why It Matters:

This dual-export event not only highlights India’s growing global footprint in high-value horticultural products but also opens up new revenue channels for farmers, especially in northern states like Punjab. It reflects the success of India’s targeted agri-export policies, value-chain support from APEDA, and collaboration with private players.
“This shipment is a testament to the export potential of Indian fruits beyond traditional varieties,” said an official from APEDA. “We aim to continuously strengthen global linkages for our farmers and agri-entrepreneurs.”
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India Opens Doors to Global EV Giants with New Manufacturing Scheme Portal

In a major push to position India as a global hub for electric vehicle (EV) manufacturing, the Ministry of Heavy Industries (MHI) has officially launched the online application portal for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI).
Portal Open: Applications accepted from June 24 to October 21, 2025 Scheme originally notified on March 15, 2024, with detailed guidelines released on June 2, 2025

Key Highlights of the SPMEPCI Scheme:

  • Global Investment Magnet: Designed to attract international EV manufacturers to set up production in India
  • Make in India & Aatmanirbhar Bharat Boost: Reinforces domestic manufacturing and self-reliance
  • Climate Commitments: Supports India’s Net Zero target by 2070
  • Reduced Import Duty: Approved companies can import Completely Built Units (CBUs) of electric four-wheelers at a reduced customs duty of 15% (for vehicles valued at ₹30.12 lakh / US$ 35,000 or above) for 5 years
  • Minimum Investment Requirement: ₹4,150 crore (US$ 482 million)
  • Domestic Value Addition (DVA): Applicants must meet phased localization milestones
  • Job Creation & Industrial Growth: Encourages development of the EV supply chain ecosystem and local job generation

What They’re Saying:

“This scheme is a defining moment for India’s future-ready mobility vision. It perfectly balances high-end EV tech imports with the growth of indigenous capabilities,” — Haradanahalli Devegowda Kumaraswamy, Union Minister of Steel and Heavy Industries

Why It Matters:

India is making a clear statement: it wants to be at the forefront of the global EV revolution. By offering duty concessions tied to strong local investment and manufacturing conditions, the government is inviting top EV brands while nurturing domestic capacity — creating a win-win for both investors and the local economy.
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India’s Coffee Exports Soar 125% to $1.8 Billion; Europe Still Leads, Asia Rising

India’s coffee export story is brewing strong. Over the past 11 years, exports have more than doubled — jumping 125% from $800 million in 2014–15 to $1.8 billion in 2023–24, according to official data.
The surge is driven by a cocktail of targeted government policies, market diversification efforts, and digital reforms initiated by the Coffee Board of India. Europe remains India’s largest buyer, but new inroads are being made into Asia and North America.

Key Highlights

  • $1.8 billion in exports in FY 2023–24, up from $1.14 billion the previous year.
  • Europe continues as the top destination, led by Italy, Germany, Belgium.
  • New markets include Middle East, South Korea, Japan, the US, Canada, and Nordic countries.
  • India ranks #7 in production and #5 in global coffee exportsholding a 5% share.
  • Annual production stands at ~3.6 lakh tonnes, largely from Karnataka, Kerala, and Tamil Nadu.
  • 2 million livelihoods supported directly and indirectly by the coffee sector.

What’s Fueling the Export Surge?

  • Digital push: Online issuance of RCMC, export permits, and certificates of origin.
  • Freight & transit support:
  • ₹3/kg for value-added exports
  • ₹2/kg for high-value green coffee to distant markets
  • Capital subsidy: 40% (up to ₹15 lakh) for roasting, grinding, packaging units.
  • Market intelligence:Coffee Board initiatives to help exporters navigate global trends.
  • Sustainability spotlight:
  • Shade-grown coffee aligns with EU deforestation laws
  • Supports biodiversity and income for marginal growers

Industry Voices

“These measures are helping us reach newer markets.”
— Divya Shree G S, Founder, Vidi’s Coffee

“There is huge potential for specialty coffee exports from India.”
— Komal Sable, Co-founder, South India Coffee Company
“Our traditional shade-grown practices give us an edge in complying with new sustainability norms.”
— Bose Mandana, Veteran coffee grower, Coorg

The Road Ahead

India’s export-oriented coffee ecosystem is undergoing a transformation — embracing value addition, sustainability, and niche market opportunities. With evolving consumer preferences globally and institutional support at home, Indian coffee is poised for a larger global footprint in the coming years.
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Odisha Sets New Export Milestone: Over 41 Tonnes of Fruits & Vegetables Reach Global Markets

India’s gem and jewellery sector is set for a major boost as the India-UK Free Trade Agreement (FTA) nears finalization. The deal aims to scrap 99% of tariffs on Indian goods, unlocking new growth potential in one of India’s key export markets.

What’s especially impressive? Of this total, 30.53 tonnes were mangoes, with premium varieties like Amrapalli and Dussehri delighting consumers abroad.

Noteworthy firsts this season:

  • Golden Agro Farmer Producer Company Ltd (FPCL) facilitated Odisha’s first-ever fruit shipment to France.
  • Saptasajya FPCL exported mangoes to Belgium, marking another milestone in market expansion.
And the impact on local farmers? Game-changing. This export boom has driven a 60%+ increase in price realisation, delivering better returns straight to the farming community.
The surge aligns perfectly with the Odisha Government’s strategic vision of transforming the state into a leading agri-export hub, as outlined in recent policy reports.

Key Highlights

  • 41.35 tonnes of fruits & vegetables exported in Apr-May 2025
  • Major destinations: Dubai, UK, Italy, Ireland, France, Belgium
  • Mango exports dominate with 30.53 tonnes (Amrapalli & Dussehri)
  • First-ever shipments to France and Belgium via local FPCLs
  • Farmers saw 60%+ price realisation boost
  • Part of Odisha’s plan to become a global agri-export hub
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India’s Banana Exports Surge to Top Spot in FY25

India’s humble banana is making a global splash — from fruit stalls in Baghdad to bakery shelves in Dubai. In a significant milestone, bananas surpassed grapes to become India’s most exported fruit in FY25, riding a wave of soaring demand and price competitiveness.

Key Highlights:

  • Top Fruit Export:
Bananas were India’s leading fruit export in FY25, reaching $377.5 million in shipment value.
  • Massive Growth:
Banana exports rose 29.7% YoY and have increased 7X since FY18 — a dramatic shift from grapes, which saw only a 16% increase in the same period.
  • Middle East Drives Demand:
  • Iraq emerged as the top importer, accounting for 47% of India's banana exports — a 108% YoY increase.
  • Other major buyers: Iran, UAE, Oman, Saudi Arabia, Kuwait, Bahrain, Qatar.
  • New Market Expansion:
  • Uzbekistan doubled its banana imports, becoming India's second-largest banana market in FY25.
  • Grape Market Trends:
Despite losing the top spot, grapes still saw solid demand from Europe, with Netherlands, Russia, and the UK together buying 60%+ of India’s grape exports.
  • Fruit Export Dominance:
Bananas and grapes now represent 59.2% of India’s total fruit exports — up from 44.4% in FY18.
  • Export Value Boom:

India’s overall fruit and nut exports rose by 53%, growing from $806.9 million in FY18 to $1.24 billion in FY25.

  • Raisins & Berries on the Rise:
  • Raisin exports doubled to $72 million from $37 million.
  • Exports of strawberries, cranberries, and raspberries have also risen steadily.

Why It Matters for Logistics & Trade Stakeholders:

  • The surge in banana exports signals growing agri-export potential, especially in the perishable logistics sector.
  • Cold chain infrastructure, port connectivity, and Middle East trade lanes will play a crucial role in sustaining this momentum.
  • With India pushing for enhanced food safety compliance, new export opportunities to the U.S. and Europe may soon open up for fresh produce like bananas, grapes, and pomegranates.
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Turbocharged Exports: India’s 60% Engineering Boom Ignites Industrial Surge

India’s engineering sector is powering ahead—with exports of engineering goods skyrocketing by 60% since 2014, according to Union Commerce and Industry Minister Piyush Goyal. The milestone is being touted as a direct outcome of the Modi government’s ‘Make in India’ mission, which continues to attract global manufacturing and investment.
This engineering-led growth aligns with a broader uptick in the country’s industrial landscape, bolstered by robust infrastructure development, rising capital investment, and surging consumer demand.

Key Highlights: India’s Industrial & Export Momentum

  • Engineering exports up 60% since 2014 — a strong vote of confidence in Indian manufacturing.
  • Industrial production rose by 2.7% YoY in April 2025, driven by solid output across sectors.
  • Manufacturing sector output climbed 3.4%, up from 3% in March.
  • Machinery and equipment production surged 17%, reflecting high demand both locally and globally.
  • Capital goods output jumped 20.3%, indicating a spike in industrial and infrastructure investments.
  • Consumer durables (electronics, appliances) grew 6.4%, signaling resilient household demand.
  • Infrastructure & construction goods sector expanded 4%, backed by government mega-projects in:
  • Highways
  • Railways
  • Ports

Minister Goyal’s Message:

“India on the rise! Since 2014, under the Narendra Modi Govt., engineering goods’ exports have surged by 60 per cent, reflecting robust ‘Make in India’ success.”

What It Means for the Logistics Sector:

  • Increased export volumes demand efficient freight and warehousing solutions.
  • Rising infrastructure spending opens up opportunities for construction logistics providers.
  • Manufacturing and capital goods growth fuels project cargo and industrial supply chain needs.
  • Strong consumer goods performance boostsretail logistics and e-commerce fulfillment.
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India Posts $28 Billion Trade Surplus with G7, Powered by Smartphones & Pharma Exports

India’s merchandise trade with G7 nations has hit a major milestone, recording a $28 billion trade surplus in FY25, according to a new analysis by Rubix Data Sciences.This performance reflects a strong 13% CAGR in trade with the G7 bloc since FY21.

The growth is driven primarily by surging exports of smartphones and pharmaceutical products, reinforcing India’s rising role as a trusted global supplier to some of the world’s most advanced economies.

Key Highlights:

  • Total G7 trade in FY25:
  • $248 billion in bilateral goods trade
  • $138 billion in exports
  • $110 billion in imports
  • Resulting in a $28 billion surplus
  • Trade surplus sustained with 4 out of 7 G7 members:
  • United States
  • United Kingdom
  • France
  • Italy
  • Top Indian exports:
  • Smartphones & telecom equipment
  • Pharmaceuticals & generic medicines
  • Smartphone exports:
  • Grew 55% year-on-year,reaching $24 billion in FY25
  • Pharma dominance:
  • India supplies 40% of U.S. generic drug demand
  • Covers 25% of U.K.’s total pharmaceutical consumption
  • Changing trade dynamics:
  • India’s export share to G7 rose from 29% to 31% in 5 years
  • Imports from G7 dropped from 18% to 15%, improving trade balanceutical consumption

Expert Insight:

“India’s trade surplus with the G7 reflects the rising global confidence in Indian manufacturing and MSMEs,” said Mohan Ramaswamy, Co-founder & CEO of Rubix Data Sciences. “From cutting-edge smartphones to life-saving drugs, Indian exports are gaining significant traction in mature markets.”

Why It Matters for Logistics & Trade Professionals:

  • G7 markets are becoming more dependent on Indian supply chains.
  • Logistics players should prioritize capabilities in tech, pharma, and high-value cargo handling.
  • There’s clear evidence of resilience and competitive pricing in Indian exports, creating room for freight forwarders and NVOCCs to offer tailored trade-lane solutions.
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India Bags ₹3,000 Cr Locomotive Export Deal with Guinea — Boosts ‘Make in India’ & Africa Ties

In a significant leap for India’s railway export ambitions, the Marhowrah Diesel Locomotive Factory in Bihar will manufacture and ship 150 high-powered locomotives to Guinea as part of a ₹3,000 crore (US$ 345.9 million) deal. These state-of-the-art Evolution Series ES43ACmi locomotives will support Guinea’s ambitious Simandou iron ore project — one of Africa’s largest mining developments.
This deal, secured through global competitive bidding, marks a strategic win under the ‘Make in India’ initiative, strengthening India’s footprint in global rail infrastructure and deepening India-Africa trade ties.

Key Highlights:

  • Total Value: ₹3,000 crore (US$ 345.9 million)
  • Locomotives: 150 Evolution Series ES43ACmi, built with Wabtec
  • Delivery Timeline:
  • 37 locomotives in FY 2025–26
  • 82 in FY 2026–27
  • 31 in FY 2027–28
  • Power & Tech:
  • 4,500 HP engines with AC propulsion
  • Regenerative braking
  • Microprocessor-based control systems
  • Modular design for easy maintenance
  • Fire detection and Distributed Power Wireless Control System (DPWCS)

Global & Economic Impact:

  • First-of-its-kind large-scale loco export to Guinea
  • Multi-gauge factory setup: Supports broad, standard & Cape gauges
  • Employment Impact:
  • 285 direct jobs at Marhowrah facility
  • Over 2,100 indirect jobs across India through the joint venture
  • Boost to African Infrastructure: Locos will haul 100-wagon iron ore trains efficiently across Guinea
This milestone project positions India as a competitive global supplier of heavy-haul rail solutions and reinforces its commitment to high-value manufacturing exports.
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Indian Toy Standards Surpass Global Norms, Driving Export Growth: BIS

India’s toy industry is gaining international recognition—not just for creativity, but for quality. According to the Bureau of Indian Standards (BIS), India’s toy manufacturing standards now exceed global norms, helping domestic players expand into international markets with confidence.

The BIS has aligned its safety frameworks with global standards from the ISO and IEC, covering a comprehensive range of physical, chemical, and electrical safety requirements. These standards are backed by the Toys (Quality Control) Order, 2020, enforced by the Department for Promotion of Industry and Internal Trade (DPIIT) since January 1, 2021.

Why It Matters:

  • Mandatory ISI mark: All toys sold in India—domestic or imported—must meet seven Indian standards and carry the ISI mark under a valid BIS licence.
  • Export-ready quality: India's toy standards are not only compliant but optimized for local climate and user behavior, giving Indian products an edge in global markets.
  • Market growth: The number of BIS-certified toy manufacturers has reached 1,640, including:
  • 1,165 licences for non-electronic toys
  • 475 licences for electronic toys

Industry Voices:

“Our standards address Indian conditions—humidity, temperature, and user patterns—which global benchmarks often miss. This gives us a competitive advantage,” said Mr. Adbhut Singh, Scientist E and Director at BIS’s Western Regional Office Laboratory (WROL), Mumbai.
“BIS certification pushed us to innovate. We now produce over 1 lakh toys a month and grew to ₹25 crore (US$2.9M) in FY25,” shared Mr. Moiz Gabajiwala, CEO, Zephyr Toymakers Pvt Ltd, who aims for 20% growth in FY26.

Safety First:

  • BIS compliance eliminates common toy hazards: choking risks, sharp edges, and toxic substances.
  • 99% of raw materials are locally sourced, creating a stronger domestic supply chain and lowering environmental impact.

Support for MSMEs:

  • Testing relaxations and training programs help small manufacturers become BIS-compliant without facing excessive costs or delays.

The Big Picture:

With BIS playing a proactive role in quality assurance and compliance, India is not just protecting its children—it’s building a globally competitive, self-reliant toy manufacturing ecosystem. This transformation is a powerful example of how smart regulation and innovation can turn a domestic industry into an export engine.
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