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The Lifeline of Indian Agriculture: A Deep Dive into Mandis
22-May-2024 - 0 Comments.
Across the vast agricultural landscape of India, a network of bustling marketplaces pulsates with life - the mandis. These traditional markets, overseen by Agricultural Produce Market Committees (APMCs), play a pivotal role in connecting farmers with buyers, ensuring the smooth flow of agricultural produce.
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Gopal Snacks ready to debut on markets, IPO priced INR 381- INR 401
01-Mar-2024 - 0 Comments.
Rajkot-based Gopal Snacks Limited announced its Initial Public Offering (IPO) details, setting the price band at INR 381 to INR 401 per share. The offering, open 6 to 11 March 2024, aims to raise up to INR 650 crore.
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NCDEX launches Centre of Excellence for Commodity Markets in Anand
05-Feb-2024 - 0 Comments.
Premier Commodity Exchange, National Commodity and Derivatives Exchange (NCDEX) and The Institute of Rural Management Anand (IRMA) launched today, Shri Tribhuvandas Patel Centre of Excellence for Commodity Markets' in Anand, Gujarat.
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Drone tech startup Urban Matrix raises INR 6 Cr in pre-Series A round
13-Nov-2023 - 0 Comments.
Drone tech startup UrbanMatrix Technologies has raised INR 6 Crores in a Pre-series A round led by Inflection Point Ventures. The funds will be allocated towards product development, team expansion and expanding into new markets.
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India’s seafood exports touch 17.35 MT during 2022-23, grow 26.73% in quantity terms
14-Jun-2023 - 0 Comments.
India achieved an all-time high exports of seafood both in terms of volume and value (both US$ and Rupee) by shipping 17,35,286 MT of seafood worth INR 63,969.14 crore (US$ 8.09 billion) during FY 2022-23 despite the several challenges in its major export markets like USA.
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Godrej Agrovet launches umbrella brand PYNA for sustainable cotton production
11-May-2023 - 0 Comments.
Godrej Agrovet Limited's (GAVL) Crop Protection Business recently announced the launch of PYNA, an umbrella brand for sustainable cotton production. A pioneer in establishing the concept of selective cotton herbicides in different markets, GAVL will be selling three of its cotton weed management products Hitweed, Hitweed Maxx, and Maxxcott under PYNA brand.
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AMUL sales turnover surpasses INR 55,055 Cr with 18.5% YoY growth
18-Apr-2023 - 0 Comments.
Gujarat Co-operative Milk Marketing Federation Ltd., which markets the popular Amul brand of milk and dairy products has registered a provisional turnover of INR 55,055 Crores for the financial year 2022-23 which ended on 31 March 2023.
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Milma raises red flag over cross-border sale of milk by state federations
16-Apr-2023 - 0 Comments.
Kerala Co-operative Milk Marketing Federation (KCMMF), known by the brand Milma, has voiced serious concern over the tendency of some state milk marketing federations to aggressively enter markets outside their respective states, holding that this involved total breach of co-operative spirit based on which the country’s dairy sector has been organised for the benefit of millions of dairy farmers.
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Agri startup Greenikk builds supply chain to bolster India’s banana fibre-based industry
29-Mar-2023 - 0 Comments.
gri startup Greenikk, which created India’s first full-stack banana supply chain, has developed a waste-to-value system to strengthen the country’s banana fibre-based industry by ensuring a steady supply of banana stem fibre to entrepreneurs and artisans for producing high value goods having a huge demand in domestic and global markets.
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NIFA invests over USD 15m in agricultural economics, rural communities
03-Mar-2022 - 0 Comments.
The U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA) announced an investment of over USD 15m to support building new and better markets for U.S. agriculture and rural communities.
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IFAD funded project to develop technologies to help smallholder farmers in Latin America, Caribbean
25-Feb-2022 - 0 Comments.
The UN's International Fund for Agricultural Development (IFAD) launched the Innovatech project, which aims to develop agricultural (AgriTech) and financial (FinTech) digital solutions to facilitate small farmer's access to markets and to financial and non-financial services in Bolivia, El Salvador, Guatemala, Haiti, Honduras and Mexico.
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NeML partners with FINCHAIN for trade financing
02-Dec-2021 - 0 Comments.
NCDEX e Markets Limited (NeML), India’s leading integrated e-Markets platform for commodities and intangibles, announced its agreement with FINCHAIN Technologies to provide trade-financing options.
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NeML to partner with agriculture ministry for farmers welfare, digitisation efforts
16-Sep-2021 - 0 Comments.
NCDEX e Markets Limited (NeML), India’s leading integrated e-Markets platform for commodities and intangibles has entered in to a memorandum of understanding (MoU) with the Ministry of Agriculture & Farmers Welfare on 14 September 2021.
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Amul increase price of fresh milk by INR 2 per liter from July 1
30-Jun-2021 - 0 Comments.
The Gujarat Cooperative Milk Marketing Federation (GCMMF), marketer of milk and milk products under the brand name of Amul, has decided to revise the milk prices by INR 2 per litre in markets of Ahmedabad and Saurashtra of Gujarat and Delhi NCR with effective from 1 July 21.
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BSE E Agricultural signs MoU to enrich Maharashtra's smallholder farmers' income
22-Jun-2021 - 0 Comments.
BSE E Agricultural Markets (BEAM) signed an agreement with Haridra Lakshmi to enhance the smallholder farmers' income in Maharashtra.
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India's seafood exports down 10.88% at 1.14 MT during 2020-21
02-Jun-2021 - 0 Comments.
The COVID pandemic and sluggish overseas markets cast their shadow over India’s resurgent seafood sector as the country exported 1.149 million tonne (11,49,341 metric tonne) of marine products worth INR 43,717.26 crore (US$ 5.96 billion) during FY 2020-21, registering a contraction of 10.88 per cent in volume as compared to a year earlier.
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Bamboo markets has been set up for farmers, says agriculture minister
07-Mar-2021 - 0 Comments.
Indian minister for agriculture and farmers welfare Narendra Singh Tomar while addressing inaugural session of ‘National Consultation on Opportunities and Challenges for Bamboo in India’ said that so far under the National Bamboo Mission close to 79 bamboo markets has been set up.
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BSE launches e-agricultural spot market platform
21-Dec-2020 - 0 Comments.
BSE, India’s premier and most diversified exchange and the world’s fastest Stock Exchange has launched an electronic spot platform for agricultural commodities - “BSE E-Agricultural Markets Ltd. (BEAM)” - through its subsidiary BSE Investments Ltd.
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3EA fund Gujarat based agricultural start-up
10-Dec-2020 - 0 Comments.
With the reforms in the agricultural sector and the introduction of Farmers Act 2020, Government of India has boosted the overall growth of the sector by building infrastructure and supply chains for farm produce in national and global markets. This will benefit small farmers who aren’t able to bargain for their produce and get a better price or invest in technology to improve the productivity of their farms.
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APEDA organises virtual buyer-seller meets with importing countries for Indian agri products
22-Nov-2020 - 0 Comments.
The Agricultural and Processed Food Products Export Development Authority (APEDA) under the Ministry of Commerce and Industry facilitates export of its scheduled products through various export promotional activities, such as organizing International Buyer-Seller Meets, participation of exporters in leading trade events in the potential importing countries, and product promotion programmes in specific markets.
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'New farm laws offer more markets, benefits to farmers', says Federation of Seed Industry of India ED
17-Oct-2020 - 0 Comments.
Over the past few weeks, much has been written on the newly enacted farm bills, which have been termed 'historic' by the proponents while “death warrant” for farmers by the opposition groups.
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Amul consolidated turnover crosses INR 52,000 cr during 2019-20 FY
19-Jul-2020 - 0 Comments.
India’s largest milk co-operative, Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) and its constituent member unions which markets the Amul brand of milk and dairy products has registered a consolidate turnover of INR 52,000 crore during the fiscal year ended 31 March 2020.
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Grow what markets wants, Telangana CM directs farmers
14-May-2020 - 0 Comments.
What can be seen as interfering in the functioning of farmers' mandate, Telangana chief minister K Chandrashekar Rao is working on a policy that will allow the state government to decided which crop farmer will produce in the state.
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States supporting mango farmers to go online
09-May-2020 - 0 Comments.
With COVID 19 crisis hampering agricultural activities and extending lockdown have again make farmers difficult to reach markets and traders, Maharashtra, Karnataka and Telegana state governments have to come to the rescue.
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Agri ministry adds 200 new mandis to e-NAM platform, aiming One Nation One Market
01-May-2020 - 0 Comments.
In order to connect all APMC markets under one platform, the agriculture ministry has added 200 new mandis to the e-NAM platform from seven states taking the total to 785 mandis
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India to convert 22,000 rural haats to Gramin Agricultural Markets
28-Mar-2020 - 0 Comments.
In Budget announcement 2018-19, Government of India has announced to develop and upgrade existing 22,000 rural haats into Gramin Agricultural Markets (GrAMs).
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MSC certification identified for 10 Indian fisheries
14-Apr-2018 - 0 Comments.
Considering their commercial value in overseas markets, 10 marine fisheries from India have been identified as the targeted fishery for securing the eco-labelling certification of the Marine Stewardship Council
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AgraME inks partnership with Aqua NorEnter
09-Oct-2017 - 0 Comments.
With an aim to work in close collaboration towards cross-promoting the development of the aquaculture and fishing industry in both markets, AgraME has inked a partnership with AquaNor, Norway’s largest exhibition dedicated to the burgeoning Aquaculture industry
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Amul selects Amazon to enter US markets
02-Dec-2016 - 0 Comments.
In order to expand its reach in the United States, India's largest dairy cooperative with 3.6 million members, Amul has selected Amazon to sell its products in the US.
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India connects 250 agri markets to online platform
08-Oct-2016 - 0 Comments.
Giving a push to fill digital divide in agriculture sector, India has connected 250 Agricultural produce market committee to online platform, e-NAM.
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MPEDA creates database of aqua farmers in Andhra Pradesh
30-Sep-2016 - 0 Comments.
In a major initiative to align the marine industry with the Centre’s ambitious ‘Digital India’ programme, the Marine Products Export Development Authority (MPEDA) has presented to the Andhra Pradesh government a digital list of the state’s farmers in the aqua sector, which would provide spot prices of seafood products in international markets on a real-time basis.
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India expecting positive outcome of anti-dumping review in the US
24-Sep-2016 - 0 Comments.
The Indian seafood industry is expecting a favourable outcome of the ongoing “Sunset review” on anti-dumping. This protectionist tariff is imposed by the United States for imports that it classifies as sold below exporters’ domestic value and thereby “dumped” in its markets.
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Maharashtra CM opens Mumbai’s first farmer to consumer market
15-Aug-2016 - 0 Comments.
After freeing farmers from selling their produce to middleman at the agricultural produce marketing committees (APMC) markets, Maharashtra chief minister, Devendra Fhadnavis has launched farmer to consumer market in Mumbai.
