Trade Promotion Council of India

The countdown begins! ?? Just 40 days to go for Indusfood 2025, where global food and beverage leaders unite to explore innovation, collaboration, and endless business opportunities and forge meaningful partnerships. Don’t miss Asia’s premier F&B trade show shaping the future of the industry. Connect with industry leaders, explore groundbreaking ideas, and create opportunities that matter. ?? Save the date and be part of the global F&B revolution at Indusfood 2025. Let’s create partnerships that matter! ?? Venue: India Expo Centre & Mart, Greater Noida ?? Date: 8th–10th January 2025 #Indusfood2025 | #FoodInnovation | #FBBusinessOpportunities | #TradeShowIndia | #GlobalFoodEvent | #CollaborationForGrowth Trade Promotion Council of India | Indo Canada Chamber of Commerce | Indo-German Chamber of Commerce | Australia India Chamber of Commerce (AICC) | Indo-American Chamber of Commerce, India | US India Chamber of Commerce DFW | U.S. Embassy India | Embassy of India in Riyadh | Embassy of India Copenhagen | Embassy of India to Sweden & Latvia | Embassy of India, Helsinki | Embassy of India, Abu Dhabi, UAE | Ministry of Commerce and Industry, Government of India | Ministry of Commerce - Saudi Arabia | InvestIndia Capital | FICCI | Confederation of Indian Industry | Indusfood Agritech | Indusfood Manufacturing

Welcome to another edition of Business Bytes. Here are the major highlights: Pet ownership in India is evolving into “#petparenting,” with #GenZ leading the shift. While dogs remain favorites, cats are gaining popularity for their stress-relief benefits LEAD : India’s #gold demand reached a staggering 747 tonnes in 2023, far outstripping its modest domestic production of 15.1 tonnes HIGHLIGHT: India-Russia trade has skyrocketed to a record US$ 66 billion in 2024, marking a fivefold increase in just five years, with a 9% rise in the first eight months of the year alone The Centre has barred substandard #steel imports, citing their impact on domestic producers. Traders were found altering steel grades to bypass BIS standards FACT: India is developing high-speed train sets with a top speed of 280 kmph, designed and manufactured by the Integral Coach Factory and BEML FSSAI has introduced fat-based classifications for mozzarella cheese, effective May 1, 2025. Low-moisture and high-moisture variants must have a minimum fat of 18% and 20% in dry matter, respectively The #aluminium industry has called on the government to increase import duties on primary and downstream aluminium, as well as customs duties on aluminium scrap, to limit the influx of low-quality scrap Stay tuned! FSSAI Home | Fssai ,Food License Registration India | Bureau of Indian Standards | Indusfood Manufacturing | Indusfood Agritech | Indusfood Manufacturing | Indusfood | TPCI Events| India Business & Trade

In this edition of Business Bytes, we explore: #Coffee futures in New York have reached their highest level since 1997, driven by concerns over poor crop conditions in key producing countries like #Brazil and #Vietnam FACT: The Karnataka government is set to develop a space and #defence manufacturing park with an investment of Rs 600-650 crore, aiming to capture 50% of India’s space market through its 2025-2029 space policy LEAD: The #Sabroom land port, situated near the Bangladesh border, is set to commence operations India’s #meatproduction increased by nearly 5% to 10.25 million tonnes in the last fiscal, according to government data. India’s #5G sector is set for a transformative leap, with subscriptions projected to triple to 970 million by 2030, accounting for 74% of mobile users, according to an Ericsson report HIGHLIGHT: Dharampal Satyapal Group (DS Group) and climate-tech startup #LiquidTrees have launched India’s first outdoor Liquid Tree at DS Group’s Noida headquarters Indian executives identify cybersecurity as their top priority for risk mitigation, with 61% of respondents emphasizing it Happy Reading! India Business & Trade | Indusfood Ingredients | Indusfood Agritech | Indusfood Manufacturing | Indusfood | TPCI Events | Ministry of Defence of India

In this edition of Business Bytes, we dive deeper into: India’s rice exports surged by 85.7% year-on-year in October 2024, reversing earlier declines seen in FY24 LEAD: The government has launched the National Mission on #NaturalFarming (NMNF) to promote #sustainablefarming among 10 million farmers FACT: BharatNet Phase 3: ?65,000 cr project to create 25,000 jobs A seven-year Indian Institute of Technology, Kanpur study (2017-2023) reveals Delhi’s PM 2.5 levels peak during October-January, with air quality consistently in the ‘very poor’ category HIGHLIGHT: Amara Raja Infra completed India's first #greenhydrogen fuelling station in Leh, Ladakh, for NTPC Ltd. The #pharmaceutical and #healthcare sectors reported strong growth in Q2 FY'25, driven by a 10% YoY rise in pharmaceutical revenues and a 17.6% increase in #healthcare top-line revenue As Indian consumers become more health-conscious, the #saltysnacks market is shifting away from #palmoil, with the palm oil-free trend gaining momentum Happy Reading! Indusfood Ingredients | Indusfood Agritech | Indusfood Manufacturing | Indusfood | TPCI Events | India Business & Trade | Ministry of Commerce and Industry, Government of India

Welcome to today's edition of the Business Bytes Newsletter. Below are the major highlights: - India is witnessing a boom in branded #hotel room development, with 94,000 new rooms expected by 2028-29. - LEAD: India’s #defence sector has experienced significant growth, with domestic production nearly tripling and exports increasing 21-fold over two decades. - FACT: Mumbai is set to have its first elevated forest walkway by the end of this year, drawing inspiration from Singapore’s popular elevated forest walkways. - Around 55% of sectors in the Indian economy are growing positively despite recent fluctuations, as per a report HSBC Global Research. - HIGHLIGHT: IIT Bombay’s startup incubator Society for Innovation & Entrepreneurship -SINE IIT Bombay is planning to launch a Rs 100-crore venture capital fund to invest in #deeptech startups. - The Indian readymade #garments (#RMG) industry is expected to see its revenue growth moderate to 4-6% in fiscal 2024-25, down from 6% in the previous year. - Indian consumers increasingly prefer #AI with human-like traits, even as 88% show high trust in the technology. Happy Reading! India Business & Trade Indusfood Indusfood Manufacturing Indusfood Agritech TPCI Events CRISIL Limited HSBC Global Banking and Markets

?? Unveiling Innovations, Insights, and Opportunities! ?? The latest edition of the India Business & Trade (IBT) Newsletter is here, and it’s packed with transformative stories and industry insights: ?? Lead Story: Tackling the #stubble burning crisis—explore sustainable solutions that promise a cleaner, greener future for India’s farmlands. ?? In the Spotlight: How Donald Trump’s re-election could redefine India-US trade. - The surge of health-conscious Indian consumers driving the booming #healthysnacks market. - Bakery on the Rise: India’s #bakery sector is set to leap from $12.6 billion in 2023 to $29.4 billion by 2032, emerging as a global powerhouse. ???? Trailblazers at Work: - Exclusive with Dr. Manoranjan Mishra, Director, Jeevan Rekha Parishad (JRP), on smart farming’s impact on rural and tribal communities. - Deepak Agarwal , Founder & CEO, Auric Drinks, shares how his company is reimagining health-focused beverages. - Kshitij Thakur, Co-founder, Agrograde Robotics, shares how agri-robotics is revolutionizing post-harvest processing. ?? Global Connections: - TPCI showcased India’s finest at FI Europe with leading food ingredient exporters. - TPCI, in collaboration with Entry India | Entry USA and New Jersey Small Business Development Center, and with the support of Consulate General of India, New York, organised a webinar on cross-border business opportunities with New Jersey, USA. ?? Stay informed, inspired, and involved with the latest from IBT. India Business & Trade TPCI Events Indusfood Indusfood Manufacturing Indusfood Agritech Ministry of Commerce and Industry, Government of India Ministry of External Affairs, India Department for Promotion of Industry and Internal Trade

?? Business Bytes Daily: News Highlights You Need to Know! ?? Brought to you by India Business & Trade, here’s your daily dose of insights and trends shaping the business world: ?? Game-Changer for Startups: India rolls out the Foreign Exchange Management Regulations 2024, simplifying the process for DPIIT-recognized startups to open foreign currency bank accounts. ?? Data Centre Boom: India’s #datacentre industry is scaling new heights, fueled by AI adoption, cloud storage demands, and 5G expansion. ?? Retail Real Estate Watch: With rents at $229 per square foot annually (?19,330, up 7% YoY), Delhi’s Khan Market remains India's priciest retail spot but stands 22nd globally. ?? Forex Risk Management: TPCI & ICICI Bank hosted an insightful webinar on Global Economic Outlook & Hedging Solutions—empowering businesses to manage forex risks effectively. ?? Cryptocurrency Surge: Crypto prices have doubled in 2024, soaring 40% since Donald Trump’s re-election as US President. ?? Economic Impact in South Asia: South Asia’s transport sector faces potential economic losses of $575 billion, with India accounting for a staggering $400 billion. ?? Innovation Boost: Foundation for Science, Innovation, and Development (FSID) at IISc launches Pravriddhi—a cutting-edge accelerator program to drive innovation in manufacturing. Stay ahead in the world of business—subscribe to Business Bytes! ?? #BusinessUpdates #Innovation #ForexManagement #DataCenters #Cryptocurrency #StartupIndia TPCI Events Indusfood Indusfood Manufacturing Indusfood Agritech Indian Institute of Science (IISc) Cushman & Wakefield Boston Consulting Group (BCG)

In this edition of Business Bytes, we delve deeper into: The #G20 Troika - #India, #Brazil, and #SouthAfrica has unveiled a groundbreaking declaration highlighting the transformative potential of Digital Public Infrastructure (#DPI), Artificial Intelligence (#AI), and data governance LEAD: Equity investments in India’s real estate sector are set to surpass US$ 10 billion in 2024, driven by a 46% year-on-year growth in inflows, reaching US$ 8.9 billion by September FACT: Asia's jet fuel imports from India are expected to reach multi-year highs in November due to refinery outages and reduced exports from China, creating supply shortages ahead of peak winter demand The government is in the final stages of preparing a model city logistics plan for #Delhi and #Bengaluru, aimed at organizing passenger and freight traffic to reduce #pollution and congestion in India’s busiest cities HIGHLIGHT: The number of jobs reported by micro, small, and medium enterprises (#MSMEs) registered with the Udyam portal has surpassed 23 crore Andhra Pradesh will host a ?60,000-crore oil refinery and #petrochemical hub at Ramayapatnam, fulfilling a 2014 bifurcation promise Happy Reading! Indusfood Agritech | Indusfood Ingredients | Indusfood Manufacturing | Indusfood | TPCI Events | India Business & Trade

Trade Promotion Council of India is hosting Webinar on Global Economic Outlook & FX Risk Hedging Solutions in collaboration with ICICI Bank. Make sure to attend it at 3:30 pm today.

Trade Promotion Council of India organised a highly engaging webinar on Cross-Border Trade and Investment Opportunities between India and the State of New Jersey, USA, in collaboration with Entry India | Entry USA and New Jersey Small Business Development Center, with the support of Consulate General of India, New York. The webinar offered valuable insights for businesses in India interested in trade and investment opportunities in New Jersey. Simultaneously, the speakers also provided vital and practical guidance for American companies looking to tap into the lucrative Indian market, one of the world’s fastest-growing economies. Panelists for the session are as detailed below: - Manish Kulhary, Consul Trade, Consulate General of India in New York - Virat Bahri ?, Joint Director-Research, Trade Promotion Council of India - Janice Barlow, Director, International Trade Administration - Navin Pathak, CEO, Entry India | Entry USA - Elayne McClaine, Regional Director, New Jersey Small Business Development Centre - Vinod Patil, President, NEELIKON FOOD DYES AND CHEMICALS LTD - Bill Noonan, Chief Business Development Officer, Choose New Jersey, Inc. - Gaurav Aggarwal, Owner, Anakeen Business Networks - Claudia Yarborough, International Specialist, U.S. Small Business Administration - Jayanti Chandrasekar, Chief Growth Officer, Entry USA - William E. Spear, Manager, Office of Export Promotion, NJBAC - Abby Martinez , Export Finance Officer, SBA Office of International Trade Piyush Goyal Ministry of Commerce and Industry, Government of India Ministry of External Affairs, India India Business & Trade Indusfood Indusfood Agritech Indusfood Manufacturing America's Small Business Development Center - New Jersey at The College of New Jersey New Jersey Business & Industry Association (NJBIA) New Jersey Business Magazine Rutgers University Neelikon Colours Global TPCI Events USIBC - US India Business Council US-India Strategic Partnership Forum The Agricultural and Processed Food Products Export Development Authority (APEDA) Tea Board Of India Coffee Board Of India Spices Board India All India Food Processors' Association (AIFPA)