Tag Archives: India

India to increase its wheat import

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India, world’s second wheat grower, will increase its wheat import because weather conditions has negative impact on the crop. Traditional  wheat exporters may benefit from the extra demand in India. India’s wheat imports are set to surge as lower plantings and poor rain threaten output in the world’s biggest grower after China. Imports may total 3.5 million metric tons in …

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Cargill To Invest $240m In India Over The Next 5 Years

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US agribusiness titan Cargill will increase its investments in India. Cargill will invest 240 million dollars in edible oil, cocoa and chocolates, starches and sweeteners and animal nutrition businesses over the next 5 years. Cargill, a leading food and agriculture company, announced on the 6th of November that it is investing US$240m in India over the next 5 years. The …

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India Doubles Import Duty On Wheat

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Indian government doubled the import duty on wheat to 20 per cent to curb cheap shipments and give positive price signal to farmers. India has doubled its tariff on wheat imports. It also imposed import duty of 50 per cent on peas to check cheaper shipments from countries like Canada. The Central Board of Excise and Customs (CBEC) in a …

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