Indian black pepper is undergoing a vicious cycle of declining production and cheap imports. This necessitates urgent measures to stem the drop in production and instill confidence in the farming community to re-establish India’s position in global pepper trade. Black pepper – traded under the HS Code 090411 is the...
Asafoetida or hing has been a staple of Indian kitchens as well as Ayurvedic medicine. But unknown to many, it has never been a part of India’s rich agricultural bouquet. Recent efforts to finally grow the spice in India can potentially reduce import costs, while also providing an incentive to...
Rice exporters of India are expecting a windfall as Thailand and Vietnam suffer from droughts and crop losses respectively. However, the loss of access to the Iranian market for Basmati rice along with increasing shipment costs and delays threaten to dent potential gains. Image credit : https://bit.ly/3j24iU3 As the largest...
A number of businesses had pivoted to the manufacturing of PPE kits during the lockdown period. Now, the lifting of export restrictions on N-95 masks could raise exports by Rs 1,000 crore annually, according to industry projections. India has lifted the restrictions on the exports of N95 masks on October...
As COVID-19 struck, millers have significantly cut on their demand for raw cotton as consumer interest in apparel fell sharply. But since cotton is a breathable fabric and 100% biodegradable, it serves as a good raw material for masks, which are now becoming a necessity. Also, the shocks experienced due this...
India should accelerate efforts to boost its honey production, given the huge untapped potential of 200 million bee colonies as well as prospects of a surge in demand post the COVID-19 pandemic. Global market size of natural honey is US$ 8.4 billion and it projected to reach US$ 10.3 billion...
As per the estimates of World Steel Association, global steel demand is expected to surge by 1.78%, reaching 1805.7 million tonnes by the end of this year. Steel production is highly concentrated to China, which roughly produces 53% of the global steel output, followed by India which represents 6% of...
Indian coffee industry needs to undertake extensive investments in mechanisation and productivity enhancement, while retaining the core attributes that define the distinctiveness of the product itself. • Global market size of coffee is close to US$ 125 billion which is significantly high for any F&B product. From 2019 to 2024,...
• In 2017-18, India was the second largest exporter of handloom products in the world. However, COVID-19 has dramatically altered the situation of the Indian handloom industry – gripping the sector in its firm clutches. • This is due to several demand and supply side constraints such as cancellation of...
• Demand for laptops has soared in Q1 2020, driven by remote working & online learning requirements from strict lockdown measures around the world. Demand of laptops will bolster as the new normal will be to work from home, conducting virtual meetings, ubiquitous online education and OTT (over the top...
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