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Trade Inflation Fuels Unconventional Consumer Behaviour in India with Stockpiling and Premium Home Spending
The article by Harish Bhat in The Hindu BusinessLine outlines seven counter-intuitive consumer responses to inflation in India, including accelerated stockpiling of essentials, a shift to larger packs, increased spending on premium home groceries, and a preference for domestic products. These trends have direct implications for import demand, packaging, and supply chain strategies.
Trade India-France Discuss Deepening Trade, Tech Ties During Piyush Goyal-Nice Mayor Meeting
India and France are deepening trade and technology ties, with Commerce Minister Piyush Goyal hosting a dinner for Nice Mayor Eric Ciotti. The two sides agreed to establish a high-level mechanism to double bilateral trade over five years and announced several outcomes spanning innovation, AI, space, and railway cooperation.
Trade Basmati rice, tea exports to West Asia grind to halt as Strait of Hormuz closure disrupts trade
Exports of basmati rice and premium orthodox tea from India to West Asia have ceased due to the closure of the Strait of Hormuz. Three vessels laden with 100,000 tonnes of basmati rice are idling at Kandla Port. Tea exporters are unable to fulfill orders from GCC countries, with only small consignments moving via Turkey. The disruption follows an attack on the Indian-flagged vessel MT Marivex off Oman.
Trade Odisha SHG Exports 7.5 Quintals of Amrapali Mangoes to London via PSFPO Project
Maa Kalijai SHG from Odisha's Angul district has exported 7.5 quintals of Amrapali mangoes to London under the PSFPO project. The export was facilitated by Palladium Consulting with support from the Directorate of Horticulture, Mission Shakti, and Odisha Livelihoods Mission. Odisha has achieved 90 tonnes of mango exports so far this year.
Trade Free Trade Pacts to Boost Furniture Exports and Domestic Manufacturing: Industry
Industry representatives say FTAs will provide preferential market access, encourage capacity expansion, and attract investments in the Indian furniture sector. India has implemented FTAs with Mauritius, UAE, Australia, EFTA, and Oman, signed pacts with New Zealand and UK, and concluded negotiations with the EU. The Indian furniture market exceeds USD 30 billion, with India ranking 16th globally in furniture exports.
Trade Electronics, pharma and engineering goods lead India's FTA dividend as export engine shifts gears
Yes Securities has developed an FTA Opportunity Score to assess India's recent free trade agreements. Electronics emerged as the strongest sector with a score of 1.32, followed by pharmaceuticals at 0.66 and engineering goods at 0.50, with Monte Carlo simulations confirming positive outcomes for all three.