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FedEx invests ₹2,500 crore in Navi Mumbai hub

Maharashtra Chief Minister Devendra Fadnavis inaugurated the groundbreaking ceremony for a new FedEx air cargo hub at Navi Mumbai International Airport on February 18, 2026. The facility, which represents a ₹2,500 crore investment, will span over 300,000 square feet and feature fully automated operations and dedicated freighter parking bays. Expected to be operational within two years, the hub aims to create 6,000 direct and indirect jobs. FedEx President and CEO Raj Subramaniam highlighted the hub's role in advancing India's trade ambitions by facilitating hub-led transshipment logistics, enhancing trade flows across South East Asia, West Asia, Europe, and the US. This marks FedEx's first air cargo hub in India, complementing its existing operations in Guangzhou and Dubai. Jeet Adani of Adani Airport Holdings emphasized the investment as a testament to India's growth potential, particularly benefiting SMEs and exporters. sources

Published:
Feb 18 2026, 5 pm

Corteva, BASF launch non-GM herbicide-tolerant mustard in India

Corteva India, in collaboration with BASF India, has launched the Clearfield Production System for mustard cultivation in Jaipur, aimed at enhancing crop yields and weed management. This innovative, non-GM system is designed to combat parasitic weeds like Orobanche, which can devastate yields by up to 50%. Mustard is crucial to India's edible oil production, with over 8 million hectares cultivated annually. The Clearfield Technology, featuring the Kifix herbicide, offers selective control of challenging weeds and integrates Corteva's high-yielding genetics with BASF's herbicide-tolerant traits. Rajasthan's Agriculture Minister, Kirodi Lal Meena, welcomed the initiative, highlighting its potential to boost productivity and farmer livelihoods. BASF's Director, Giridhar Ranuva, emphasized the commitment to supporting farmers, while Corteva's President, Subroto Geed, noted the system's role in ensuring food security and setting new standards for profitable mustard farming in India. sources

Published:
Feb 18 2026, 4 pm

Cochin Port unions oppose Centre's cabotage relaxation withdrawal

The Cochin Port Joint Trade Union Forum has urged management intervention amid reports that the Shipping Ministry plans to revoke cabotage relaxations allowing foreign-flagged vessels to operate on Indian coastal routes. In a letter to Cochin Port Authority Chairman CD Nandakumar, the forum highlighted that these relaxations, secured through persistent advocacy, significantly boosted connectivity and cargo volumes at the Vallarpadam Container Transhipment Terminal. The Union Government's withdrawal of three General Orders from 2018, which facilitated foreign vessel operations for specific cargo types, is reportedly based on unmet objectives. The Kerala government has also expressed concerns, warning that this rollback could jeopardize Vizhinjam Port's prospects, as Indian EXIM cargo may revert to foreign transhipment hubs due to a lack of sufficient Indian-flagged vessels. The forum cautioned that such policy changes could severely impact Cochin Port's financial stability and future development. sources

Published:
Feb 18 2026, 3 pm

India eases Chinese equipment import restrictions for power projects

India is easing restrictions on Chinese equipment imports, marking a significant shift in its approach to commercial ties with China following a deadly border clash in 2020. State-run power and coal companies are now permitted to procure certain components from China without prior government approval, a move aimed at addressing shortages and project delays. This decision comes as India grapples with a 40% shortfall in power transmission equipment, hindering its goal to add 500 GW of non-fossil capacity by 2030. The easing of restrictions follows requests from various government departments and is seen as necessary for India's manufacturing capabilities. However, imports will be assessed on a case-by-case basis to mitigate concerns that low-cost Chinese bids could undermine domestic firms. This recalibration of policy occurs against the backdrop of strained India-China relations and the impact of US tariffs on Indian goods. sources

Published:
Feb 18 2026, 3 pm

India's sugar output forecast lowered, limiting exports

India's sugar production is set to fall short of earlier estimates due to excessive rainfall affecting cane yields across major producing states, according to farmers and trade officials. Internal estimates suggest production will range between 28.5 million and 29 million metric tons for the 2025/26 marketing year, significantly lower than the Indian Sugar & Bio-Energy Manufacturers Association's forecast of 30.95 million tons. The most substantial decline is anticipated in Maharashtra, where output is projected at 9.6 million tons, down from 10.8 million. Farmers report that heavy rainfall has damaged root development, leading to lower yields. With nearly half of the 207 mills in Maharashtra halting operations due to cane shortages, the downward revision in output, combined with rising seasonal demand, is expected to support sugar prices. India has recently approved an additional 500,000 tons for export, but shipments may not exceed 700,000 tons, as mills prioritize domestic sales. sources

Published:
Feb 18 2026, 3 pm

Centre allocates ₹15,385 crore for Maharashtra National Highways: Gadkari

The Indian government has allocated ₹15,385 crore for the development of National Highways in Maharashtra for the current financial year, as announced by Union Minister for Road Transport and Highways Nitin Gadkari in the Lok Sabha. Currently, 116 highway projects, covering 2,612 km, are underway in the state, with a total estimated cost of ₹57,360 crore. Among these, 39 projects involve widening National Highways to four lanes or more, requiring an investment of ₹42,468 crore. Additionally, two projects spanning 374 km have been sanctioned for development in Chhatrapati Sambhaji Nagar, Ahilyanagar, and Latur districts, costing ₹19,142 crore. To ensure efficient project execution, the government has implemented monitoring mechanisms and conducts regular review meetings with stakeholders, particularly focusing on projects delayed by over three years. Coordination meetings led by state Chief Secretaries also aim to resolve issues impacting road project execution. sources

Published:
Feb 18 2026, 2 pm

Maharashtra Highlights AI Agriculture Innovations at India AI Summit 2026

Maharashtra showcased its innovative use of Artificial Intelligence in agriculture at the India AI Impact Summit 2026 in New Delhi, where the Agriculture Department unveiled the "Agriculture Compendium." This publication highlights the state's successful integration of AI technologies, aimed at modernizing and sustaining farming practices. The AI system 'Mahavistar' currently assists over 2.2 million farmers, particularly benefiting rural women, including those who are illiterate, through its voice-first interface in local Marathi dialects. The Compendium also features initiatives like portable soil-testing devices 'Vasudha' and 'Neopark,' which provide accurate on-field soil analysis, and 'SatSource,' which offers digital credit scores for farmers, facilitating quick access to loans. As a result, over 40,000 small farmers have secured loans exceeding ₹1,700 million, boosting productivity by 20 to 32 percent. The summit recognized Maharashtra's commitment to leveraging AI for agricultural welfare, solidifying its position as a leader in technology-driven farming. sources

Published:
Feb 18 2026, 2 pm

India's January oilmeal exports drop 42%

India's oilmeal exports plummeted by 42.5% in January 2026, with total shipments falling to 260,000 tonnes from 452,000 tonnes in January 2025, primarily due to significant declines in soybean and rapeseed meal exports. Soybean meal exports dropped to 132,000 tonnes from 286,000 tonnes, while rapeseed meal fell to 64,782 tonnes from 131,000 tonnes. For the April-January 2025-26 period, total oilmeal exports decreased by 10%, amounting to 3.235 million tonnes compared to 3.603 million tonnes the previous year. BV Mehta, Executive Director of the Solvent Extractors’ Association of India, noted that reduced rapeseed crushing has limited oil and oilmeal processing until new crop supplies arrive. Meanwhile, rapeseed meal prices have risen, currently quoted at ₹20,300 per tonne. Major importers included South Korea, China, and Bangladesh, with significant declines in their respective imports from India. sources

Published:
Feb 18 2026, 2 pm

Meghalaya debuts at Germany's organic food trade fair

A delegation from Meghalaya has made its inaugural appearance at BIOFACH 2026, the renowned organic food and agriculture trade fair in Nuremberg, Germany, positioning the state as a burgeoning organic sourcing hub in Northeast India. The event provided a vital platform for Meghalaya to showcase its comprehensive organic ecosystem, which includes certification systems, farmer collectivisation, and export-oriented value chains. Vijay Kumar D, Commissioner and Secretary to the Meghalaya government, presented the state's community-driven organic development roadmap, emphasizing its commitment to ecological sustainability and market integration. The participation of local farmers aimed to enhance their understanding of global standards and facilitate direct connections to international markets. Meghalaya's pavilion featured certified organic products like ginger, turmeric, and sticky rice, attracting global buyers and certification bodies. Collaborations with partners showcased value-added products, reflecting the state's transition towards diversified, export-ready organic offerings in response to global demand. sources

Published:
Feb 18 2026, 2 pm

Aviation regulator streamlines procedures to reduce compliance burden

India's aviation safety regulator, the Directorate General of Civil Aviation (DGCA), has launched a comprehensive review aimed at simplifying regulatory procedures and enhancing efficiency within the civil aviation sector. This initiative comes as aviation activity in India is on the rise, encompassing aircraft induction and aerodrome development. The reform process, divided into regulatory and process phases, seeks to align existing rules with international standards by soliciting feedback from industry stakeholders, including airlines and aerodrome operators. Proposed measures include the establishment of sector-specific committees to identify bottlenecks, streamline approvals, and rationalise documentation. Additionally, the review will enhance digital systems for regulatory transactions, focusing on simplifying online workflows and improving user support tools. Other considerations include the potential for self-attestation and third-party certification in certain areas, as well as delegating specific approvals to regional offices, all aimed at reducing compliance burdens and improving operational efficiency. sources

Published:
Feb 18 2026, 1 pm

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