India: latest retail news, insights and analysis | ESM Magazine

India Lowers Soyoil, Sunflower Oil Import Tax To Reign In Prices

India has cut base import taxes on crude and refined soyoil and sunflower oil to 7.5% from 15% for six weeks, a government order showed, as the world's big...

India Expected To Withdraw Sugar Export Subsidies From New Season

India is expected to withdraw sugar export subsidies from the new season beginning October as a sharp rise in global prices makes it easier for Indian mill...

UK-India Trade Deal: Why The Timing Is Crucial For Both Nations

The UK and India have announced a new enhanced deal on trade at a virtual summit. The deal aims to double trade between the two countries by 2030 and decla...

Bunge Raises Outlook As Profit Jumps More Than Three-Fold

US agricultural commodities trader Bunge Ltd said its adjusted income rose more than three-fold in the first quarter from a year earlier as strong crop exp...

Barry Callebaut Opens New Chocolate Factory In India

Barry Callebaut Group has announced that it has opened a new chocolate and compound manufacturing facility in Baramati, India. The factory, located abou...

India Expected To Harvest Record Wheat, Rice Crops This Year

India is likely to harvest a record 109.24 million tonnes of wheat this year, the farm ministry said, further boosting stocks at government granaries that...

India's Tea Output Drops In 2020, Lifts Prices To A Record High

Indian tea production in 2020 fell 9.7% from a year ago due to heavy flooding and coronavirus movement restrictions, lifting average prices by nearly a thi...

Indian Rice Shipping Delays Come At Bad Time As Consumer Demand Spikes

The global rice market is grappling with logistical disruptions at major supply ports caused by a lack of shipping containers at the same time a worldwide...