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Showing posts from May, 2025
 ๐ŸŒฑ India’s Green Gold: Top 5 Agricultural Exports in 2025! ๐Ÿš€    Did you know? India’s agricultural exports are booming like never before, creating massive global trade opportunities! From premium basmati rice to aromatic spices, SriGlobal.co is at the forefront of India’s thriving export industry, connecting global buyers with the best agro-produce.#sriglobal #sriglobalco   ๐Ÿ”น 1. Basmati Rice   ๐Ÿ“ฆ Export Value: $5.1 Billion   ๐ŸŒ Top Markets: Iran, Saudi Arabia, UAE, USA   ๐Ÿงพ Why It’s in Demand: Long grains, rich aroma, and global preference for premium rice.   ๐Ÿ”น 2. Spices (Chili, Turmeric, Cumin, etc.)   ๐Ÿ“ฆ Export Value: $4.6 Billion   ๐ŸŒ Top Markets: USA, China, Bangladesh, UAE   ๐ŸŒถ️ Key Drivers: Medicinal properties, vibrant flavors, and essential culinary ingredients.   ๐Ÿ”น 3. Groundnuts (Peanuts)  ๐Ÿ“ฆ Export Value: $1.7 Billion   ๐ŸŒ Top Markets: Indonesia, Vietnam...
India’s Export Growth Opportunity Amid Shifting Supply Chains As global supply chains undergo transformation, India is presented with a strategic opportunity to expand its export footprint. A recent report by HSBC highlights how strengthening mid-tech, labor-intensive exports can enhance trade interlinkages, boost mass consumption, drive investment, and accelerate GDP growth.   #Global Integration & Trade Trends Historically, India has experienced rapid economic growth during periods of greater global integration. From 2000 to 2010, falling import tariffs and rising export shares contributed to higher GDP growth. However, the 2010-2020 decade saw higher tariffs, declining trade integration, and slower growth.   Encouragingly, recent years indicate a revival in global interconnectivity, though largely driven by financial markets rather than trade expansion. Strengthening trade integration remains crucial for India’s export-driven economic growth.   #Sect...
#India’s Auto Duty Concession to the UK: A Game-Changer for Global Trade India’s Free Trade Agreement (FTA) negotiations with the United Kingdom mark a significant step in boosting bilateral trade. One of the key elements of the deal revolves around automobile duty concessions, which India plans to phase out gradually over 10-15 years.   #Strategic Tariff Reductions & Market Impact   The phased approach ensures India’s sensitive sectors remain protected, while facilitating smoother entry of British vehicles into the Indian market. Tariffs on automotive imports will drop from over 100% to 10%, benefiting global automakers, including Tata-owned JLR.   Luxury car manufacturers like Mercedes-Benz and BMW have welcomed the move, acknowledging its long-term benefits. However, industry insiders suggest that the impact on luxury car prices in India may remain limited in the short term.   #Trade Expansion & Economic Growth  With Sri Global Co....
Maharashtra’s Soybean & Cottob bales Cultivation Faces Decline, Raising Concerns Over Export Markets   Maharashtra’s soybean cultivation is expected to drop by two lakh hectares in 2024, reflecting growing challenges for farmers amid market fluctuations, unpredictable weather patterns, and policy uncertainties. Once considered a reliable cash crop, soybean farming is now facing low profitability, leading many farmers to explore alternative crops.   Why Farmers Are Moving Away from Soybean  Agriculture experts and industry leaders, including Aishwarya Nagori of Sri Global Co. #sriglobal,  highlight several factors contributing to the declining interest in soybean farming.   1. Disappointing Market Rates: While the Union government’s Minimum Support Price (MSP) stood at ₹4892 per quintal, actual earnings ranged from ₹3900 to ₹4400, leaving farmers with unmet financial expectations.   2. Delayed Procurement:Government agencies failed to...
       Burhanpur & Jalgaon: Powerhouses of India's Banana Export Industry --- By Govinda Nagori | Sri Global Co             India’s banana industry is thriving, with Burhanpur and Jalgaon emerging as key contributors to the country’s booming exports. While Burhanpur plays a vital role in production, Jalgaon—often referred to as the "Banana City of India"—has cemented its reputation as a major hub for banana cultivation and trade.                   #Jalgaon: The Heart of India's Banana Trade   Jalgaon is one of the largest banana-producing regions in India, contributing significantly to the country’s total output. In FY 2022–23, banana cultivation in Jalgaon expanded across 62,415 hectares, yielding an impressive 4.37 million metric tons. The district is home to the Tapti Valley Banana Processing Cluster, which has further boosted its prominence in the industry. Jalgaon’s bananas ...

Onion Prices Plummet Across Maharashtra: Relief for Consumers, Struggles for Farmers Exporter Traders

Onion Prices Plummet Across Maharashtra: Relief for Consumers, Struggles for Farmers   --  Aishwarya Nagori & Govinda Nagori | Sri Global Co           Maharashtra's onion markets have witnessed a dramatic price drop due to a bumper harvest and sudden oversupply, offering relief to consumers but deepening financial distress for farmers.            At Navi Mumbai's Vashi Agricultural Produce Market Committee (APMC)—the primary supplier for the Mumbai Metropolitan Region—wholesale onion prices have plummeted from Rs 35–40 per kilogram in February to just Rs 7–17 in May.           Retail markets are mirroring the trend, with onion prices slipping from Rs 45/kg to Rs 25–30/kg. In certain pockets, consumers are even purchasing onions for as low as Rs 7/kg. However, traders note that smaller retailers in some areas continue to charge higher rates due to price opacity.         ...