Global Policy Review, Market Expansion, and Agricultural Trends 

Published

Although trade experts welcomed the DGFT’s proposed RCMC exemption for micro-exports up to ₹10,000 as a positive step for sample shipments, industry bodies like the Global Trade Research Initiative suggested raising the threshold to an annual turnover of ₹25 lakh to create a more meaningful impact. At the WTO review, New Delhi reiterated that while it aims to achieve high-income status by 2047, its trade growth is being challenged by external non-tariff measures, complex standards, and global supply chain disruptions, even as the WTO Secretariat pointed out structural challenges such as high tariffs, import-export controls, and extensive fertilizer subsidies. In the domestic agricultural sector, official data reveals that India’s fertilizer exports grew by nearly 52% over three years to reach 479,737 tonnes in FY26, with significant shipments of superphosphates going to Brazil and Sri Lanka, despite the nation maintaining a deep 68-70% effective dependence on global fertilizer supply chains and raw material imports. Additionally, in academic developments, the Great Lakes Institute of Management, Gurgaon, appointed former Nord University associate professor Raj Krishnan Shankar as its new Director to lead its next phase of industry-relevant growth.

Get in touch with us

Fill the following details and send your query to us and we will provide the support you need.

Support Center 24/7

+022 4322 4000 (25 lines) Time : 10 AM - 6 PM

Our Location

1st Floor, Old Oriental Building, 65 M.G. Road, Mumbai: 400023