India restricts imported roasted areca nuts to protect local farmers
The Directorate General of Foreign Trade (DGFT) issued new restrictions on the import of roasted areca nuts priced below ₹351 per kg to shield domestic growers from cheap external competition. The restriction excludes 100% export-oriented units in SEZs or imports under the Advance Authorisation Scheme. The move aims to stabilize local pricing and reduce market disruption in states like Karnataka, Kerala and Assam, where areca commerce is significant.
positive for local producers
2 days ago
India restricts imported roasted areca nuts to protect local farmers
The Directorate General of Foreign Trade (DGFT) issued new restrictions on the import of roasted areca nuts priced below ₹351 per kg to shield domestic growers from cheap external competition. The restriction excludes 100% export-oriented units in SEZs or imports under the Advance Authorisation Scheme. The move aims to stabilize local pricing and reduce market disruption in states like Karnataka, Kerala and Assam, where areca commerce is significant.
positive for local producers
India restricts imported roasted areca nuts to protect local farmers
2 days ago
1 min read
68 words
India imposes import cap on roasted areca nuts below ₹351/kg to protect domestic farmers.
The Directorate General of Foreign Trade (DGFT) issued new restrictions on the import of roasted areca nuts priced below ₹351 per kg to shield domestic growers from cheap external competition. The restriction excludes 100% export-oriented units in SEZs or imports under the Advance Authorisation Scheme. The move aims to stabilize local pricing and reduce market disruption in states like Karnataka, Kerala and Assam, where areca commerce is significant.
The Directorate General of Foreign Trade (DGFT) issued new restrictions on the import of roasted areca nuts priced below ₹351 per kg to shield domestic growers from cheap external competition. The restriction excludes 100% export-oriented units in SEZs or imports under the Advance Authorisation Scheme. The move aims to stabilize local pricing and reduce market disruption in states like Karnataka, Kerala and Assam, where areca commerce is significant.