Current Affairs-Topics

India Aims for $100B in Food & Beverage Exports: Piyush Goyal

India targets $100 billion in exports from the Food & Beverage (F&B), agriculture, and marine sectors over the next five years. Union Minister Piyush Goyal, speaking at Indusfood 2025 in New Delhi, emphasized the importance of achieving an annual growth rate of 14-15% to reach this objective.

India is aiming for $100 billion in combined exports from the Food & Beverage (F&B), agriculture, and marine product sectors within the next five years. Union Minister of Commerce & Industry, Shri Piyush Goyal, shared this ambitious goal during his keynote address at Indusfood 2025 in New Delhi. He stressed the need for a consistent annual growth rate of 14-15% to meet the target. The Minister also acknowledged the success of Indusfood 2025 and credited APEDA and MPEDA for helping India achieve $50 billion in exports last year.

Key Highlights

  • $100 Billion Export Target:
    Aimed at boosting combined exports from F&B, agriculture, and marine sectors.
    Achievable through 14-15% annual growth.

  • Success of Indusfood 2025:
    Organized by APEDA and MPEDA, it provides a platform for showcasing Indian products and connecting with global importers.

  • FDI in F&B Sector:
    100% Foreign Direct Investment allowed, with simplified work permits for foreign investors and workers.

  • Focus on Innovation and Sustainability:
    Investment is encouraged in areas like packaging, hygiene, and high-value nutritional products.
    The government is promoting organic farming with simplified certification processes.

  • Expansion of Food Testing Infrastructure:
    Plans to set up food testing labs across the country to ensure high-quality standards and traceability.

  • Promoting Indian Products Globally:
    The success of products like millets, pickles, and spices in international markets is highlighted, with encouragement for innovation and global standard adoption.

  • Indusfood Initiative:
    Launched in 2017 by the Trade Promotion Council of India, this initiative aims to connect Indian F&B companies with global importers and boost exports.

More Related Articles

ILO Collaboration for Indian Workers

In a significant step towards enhancing global labor standards and employment opportunities for Indian workers, India has signed a Memorandum of Understanding (MoU) with the International Labour Organ

IRCTC First 15 Minutes Slot

Beginning October 1, 2025, Indian Railways will implement a major change in its online ticket booking system. Under this new policy, the first 15 minutes of general reserved ticket booking on the IRCT

India’s Bamboo Based Biofuel Plant

India has taken a major step towards sustainable and renewable energy with the inauguration of its first bamboo-based biofuel plant in Golaghat, Assam. This project is a milestone for the country&

Tribal Women Property Rights

Understanding tribal women's property rights is extremely important for SSC aspirants, especially under the current affairs and polity sections. On 17 July 2025, the Supreme Court of Indi

India’s Natural Heritage Sites

On 12 September 2025, India achieved a remarkable milestone in global heritage recognition. The Permanent Delegation of India to UNESCO announced the inclusion of seven new natural heritage sites

Rabi 2025–26 Action Plan

The Rabi 2025–26 Action Plan is at the forefront of India’s agricultural strategy as the country prepares for the Rabi season. The roadmap was charted at the National Agricultural Conf

India’s Performance on SDG 11

India’s ranking in the Sustainable Development Report (SDR) 2025 has improved to 99th among 167 countries. However, urban sustainability in India continues to be a major challenge, especiall

India’s Fast Track Immigration Programme

In a major step to modernize airport infrastructure and streamline travel, the Fast Track Immigration (FTI-TTP), also known as the Trusted Traveller Programme, was launched by Union Home Minister

AIIMS Robotic Surgery Training

The AIIMS robotic surgery training initiative has created history by making the All India Institute of Medical Sciences (AIIMS), New Delhi, the first government medical college in India to offer t

Gyan Bharatam Portal Launched

In a landmark move to preserve India’s rich knowledge systems, Prime Minister Narendra Modi launched the Gyan Bharatam portal on 12th September 2025. The launch took place at the Internation

Toppers

anil kumar
Akshay kuamr
geeta kumari
shubham