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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14 India’s economic growth journey huge opportunity for international partners: Kwatra From diesel to daylight: How government solar schemes are powering India’s farmers The next energy leap: Replicating ethanol’s success in diesel Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Windfall levy on export bound diesel, ATF raised India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Central Railway to run four special local trains for Ambedkar Jayanti Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Agtech marketing in the age of regional content and creator communities Rajnath Singh, Nitin Gadkari to join 3-day agri event at Shivraj’s home turf, inaugurated today How agripreneurship will drive improved rural livelihoods in India World’s largest tur producer, yet an importer: A self-sufficiency puzzle unfolding on ground Ethanol in diesel generators: India’s next practical step towards energy security How sustainable sourcing can unlock value in India’s agri-value chains West Asia Crisis: Induction cooking may consume 13-27 GW power Govt defers power plant maintenance for three months; 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How Andhra’s Banganapalli mangoes found a sea route to Singapore
BL Hyderabad Bureau · 2026-06-25 · via Economy News, Latest Economic News Today | The HinduBusinessLine
Andhra Pradesh’s famed Banganapalli mangoes

Andhra Pradesh’s famed Banganapalli mangoes

Mangoes from India have found a new route to Singapore, where the fruit has a huge demand. A consignment of 4.3 tonnes of the famed Banganapalli mangoes from Andhra Pradesh has been shipped to the island nation via a sea route, reducing the shipping costs by a tenth and making it a cheaper proposition.

The sea route offers a substantial reduction in logistics costs, estimated at ₹13–20 per kg, compared to ₹150–250 per kg through air shipment, making exports more viable for producers and exporters while ensuring affordable prices for overseas consumers.

New technology

This was made possible thanks to a new technology developed by the ICAR-Central Institute for Subtropical Horticulture (ICAR-CISH), Lucknow, in collaboration with Agricultural and Processed Food Products Export Development Authority (APEDA). The two institutes developed a scientific sea shipment protocol to enhance shelf life and facilitate exports.

The technology helped extend the shelf life of mangoes to up to 30 days under sea shipment conditions. The Singapore consignment completed its journey in 16 days, and the fruits arrived in excellent condition, with no disease incidence and quality comparable to air-shipped mangoes.

Mango exports to expand

The success of this shipment is expected to facilitate the expansion of Indian mango exports to Singapore, Malaysia, Hong Kong, and other markets, where current imports are estimated at $4–5 million, and to create opportunities in larger markets such as the UAE, valued at $20–25 million.

“This is a significant milestone in expanding affordable and large-scale mango exports to international markets,” a Government statement said here on Thursday.

“Indian mangoes are highly valued in Singapore for their superior taste, flavour, and quality, with varieties such as Banganappalli and Kesar enjoying strong consumer demand,” it said.

The protocol integrates an end-to-end quality assurance system covering residue-free production, Good Agricultural Practices (GAP), scientific harvesting, grading, packing, and post-harvest management.

Published on June 25, 2026