Next-Generation GST Reforms Boost India’s Textiles Sector

The 56th GST Council meeting has introduced reforms aimed at revitalizing India's textiles sector by reducing GST rates on various textile products, enhancing competitiveness, and supporting domestic consumption. These changes are expected to lower production costs, boost demand, and help achieve a target of USD 350 billion for the textile and apparel market by 2030. The reforms also focus on correcting structural anomalies and supporting artisans and small businesses.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link