Kerala finance minister Thomas Issac said he hopes to train around 100 engineering graduates in the dynamics of geo textiles and send them across the country as brand ambassadors to market the product. ``They will act as startups for geotextiles and the government will provide all support to them,’’ he said on the side lines of international coir meet called Coir Kerala being held in Alappuzha.
India exports around Rs 18,000 crore worth of spices annually and over the years its dominance has come down to a few spices such as chilli, cumin, turmeric and spice oils and oleoresins from around 20 items. Exporters claim duty credits ranging from 2-7 % under MEIS which they discovered were disabled by DGFT from August 1, resulting in a slowdown in shipments.
Indian cashew exporters were able to compete effectively with Vietnam, largest exporter of the nut.
The solution SMARTShip is an Internet of Things (IOT) platform that enables on board operation of multiple systems.
Levy could hit the industry as it is a key ingredient in shrimp and fish feed
The global arabica futures prices fell to a 13-year low and robusta futures to a nine-year low during May this year.
The first chilli crop of the new season is due next month from Madhya Pradesh.
China is currently the largest producer of tilapia, with 1.6 million tonnes of the global output of 6 million tonnes. It is also the biggest supplier of tilapia to the US.
Rajni Sekhri Sibal, secretary of the newly formed department of fisheries, said the entire exercise will help double seafood exports in five years.
“There is downward pressure on the price,” said Anu Pai of Geojit Commodities.
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