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India is the sixth largest grocery market in the world and one of the fastest growing markets for online grocery sales.
On August 17, 2015, the Ministry of Agriculture (MoA) revised the Indian crop year (ICY) 2014/15 (July-June) grain production estimate to 252.7 million metric tons (MMT).
The MY 2015/16 production estimate is 29 million 480 lb. bales. Planted area reached 11.26 million hectares and is expected to climb higher.
CY 2016 water buffalo meat and beef production is projected to increase marginally by five percent to 4.5 million tons carcass weight equivalent due to population growth and moderate export demand.
On August 26, 2015, FSSAI officially announced on its website that it would no longer continue with its product approval process, as per the August 19, 2015 ruling by India’s Supreme Court.
On August 5, 2015, India notified to the World Trade Organization (WTO) a draft regulation related to food additives for nutritional supplements, functional and novel food products.
FSSAI amended the Food Safety and Standards (Contaminants, Toxins and Residues) Regulations, 2011, regarding standards for levels of chromium present in gelatin.
On August 5, 2015, India notified to the World Trade Organization (WTO) a draft regulation related to food additives. The deadline to provide comments is October 4, 2015.
On August 10, 2015, India notified to the World Trade Organization (WTO) a draft regulation which updates India’s labeling requirements for the content of trans-fat in packaged food products.
FSSAI issued an order dated August 11, 2015 (posted on FSSAI’s website August 13), for compliance with its labeling requirements for printed logos and license numbers on packaged foodstuffs.
On August 7, 2015, the Government of India (GOI) imposed an import duty of 10 percent on wheat imports through March 31, 2016.
Bt cotton continues to remain the only biotech crop approved for commercial cultivation in India, with six events and nearly 1,200 Bt hybrids currently under cultivation.