## Company Profile S.K. JAIN & COMPANY — Indian, founder‑led freight forwarder (Founder: Satish Kumar Jain). Public web presence (skjgroup.com) lists international freight forwarding, customs clearance and export documentation services; likely offers ocean and air forwarding, warehousing and cargo consolidation for exporters across India. No large‑scale corporate disclosures found — appears to be a small‑to‑mid sized, regionally focused forwarder that supports export customers (including agri exporters) on ME/EU/AF trade lanes. ## Pain Points 1) Acute space, equipment and rate volatility on India→Middle East/Africa lanes (Red Sea/Gulf war effects) forcing last‑minute re‑routing, booking suspensions and customer service emergencies for exporters (esp. spices, rice, seafood). 2) Rising compliance burden (SPS testing, APEDA/MPEDA certification, private retailer ESG requirements) increasing lead times and risk of cargo rejection—forwarders must coordinate certification, testing and traceability or face claims. 3) Tight reefer capacity and inland logistics friction (high dwell/delivery times, truck shortages) during peak seasons that strain SME exporters' cashflow and cause customer churn; forwarders need integrated market access and buyer‑matching solutions to keep clients. ## Intel Summary === MULTI-DIMENSION RESEARCH === === 1. MARKET EVENTS – INDIA OCEAN FREIGHT TRENDS 2026 (ME/EU/AFRICA) === **Rate levels & recent shocks (early 2026)** - West Coast India → Middle East container freight hit *record highs* by March 2, 2026, with: - 20’ rates up ~750% vs pre‑war levels - 40’ rates up ~909% vs pre‑war levels, due to a new regional war in the Gulf that left ~10% of global container capacity stranded inside or just outside the Persian Gulf. ([spglobal.com](https://www.spglobal.com/energy/en/news-research/latest-news/shipping/030326-container-freight-from-west-coast-india-to-middle-east-hits-record-high-amid-war?utm_source=openai)) - Asia–Europe (including India–Europe) spot rates in Q1 2026 are more than 15% higher YoY and over 50% above the October 2025 low‑demand baseline, driven by war‑related fuel costs and ongoing Red Sea/Suez risk premia. ([reddit.com](https://www.reddit.com/r/zim/comments/1sy97nu/freightos_weekly_update_april_28_2026_excerpts/?utm_source=openai)) - S&P Global’s February 2026 outlook expects *overall* global container rates to soften through 2026 as new capacity hits the water and world trade growth slows to about 1.7%, but notes that geopolitical chokepoints (Red Sea, Gulf) could keep India‑linked corridors volatile and well above pre‑2020 levels under a “renewed disruption” scenario. ([spglobal.com](https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/02/2026-ocean-freight-outlook-softer-rates-ahead-but-volatility-is-not-going-anywhere?utm_source=openai)) **Capacity & service patterns – India to Europe/Middle East/Africa** - South Asia container market data shows **India–Europe westbound capacity up ~25%** and eastbound up **54%** between Oct‑2024 and Oct‑2025, with average vessel size on these routes also increasing (~6%), indicating a structural up‑gauging of ships serving India–Europe. ([containersindia.in](https://containersindia.in/wp-content/uploads/2026/03/CA-Final-Market-Report-2026.pdf?utm_source=openai)) - Port Technology (Dec 2025 baseline for the 2026 rate environment) reports **8–10% of scheduled Asia–Europe capacity blanked** (64 cancellations out of 719 sailings over 5 weeks) and a 50–60% spike in India–Europe spot rates (from about US$750/FEU to US$1,200/FEU) driven mainly by capacity discipline rather than demand. ([porttechnology.org](https://www.porttechnology.org/news/india-europe-freight-rates-surge-amid-capacity-cuts/?utm_source=openai)) - Maersk’s Feb 2026 India–Middle East–Africa update notes: - Launch of Gemini Cooperation’s ME11 service as the first to *re‑enter the Red Sea/Suez route* on a structured basis, signalling a cautious return to shorter routings for some India–Europe/Med/Middle East flows. - Stable but tight reefer and FMCG export capacity out of India into the Middle East and East Africa; shippers are advised to book early and accept flexible routings. ([maersk.com](https://www.maersk.com/it-it/news/articles/2026/02/09/india-middle-east-and-africa-market-update-february?utm_source=openai)) **Lane‑specific trends for India (early 2026)** - A tier‑1 consulting POV (Jan 2026) summarises India corridors as: - **India–Europe, India–US:** rates “elevated” on strong demand (textiles, machinery, pharma) but expected to come under *slight downward pressure* later in 2026 as new capacity deploys. - **India–Middle East:** “volatile” due to Gulf conflict, fuel costs, and shipment suspensions; export backlogs at Indian and Bangladeshi ports serving Gulf states have been reported. ([kearney.com](https://www.kearney.com/documents/d/asset-library-291362522/ocean-freight-kearney-pov-jan-26-refresherv2-1-?utm_source=openai)) - China/South Asia maritime bulletins in March 2026 show: - West India rates to Gulf peaking above US$2,000/FEU, then easing back but still on a mild uptrend for East India; carriers periodically suspend new Middle East bookings and prioritise re‑routed Red Sea tonnage. ([reddit.com](https://www.reddit.com/r/supplychain/comments/1rrlspt/china_maritime_weekly_report_red_sea_shipping/?utm_source=openai)) **Macro freight outlook for 2026, with India implications** - Industry outlooks for 2026 highlight: - ~1.4 million TEU of new global capacity delivering in 2026, keeping a structural **oversupply** backdrop that caps rate spikes outside geopolitical shocks. ([maritimegateway.com](https://www.maritimegateway.com/wp-content/uploads/2026/02/MG-Jan-2026-issue-Digital-Version.pdf?utm_source=openai)) - “Managed volatility” for India’s ocean freight in 2026: intra‑Asia stable to soft; India–Europe and India–US gradually easing from late‑2026; India–Middle East and India–East Africa remaining the most disruption‑prone. ([sarjak.com](https://www.sarjak.com/articles/india-ocean-freight-managed-volatility-2026-outlook/?utm_source=openai)) **Implications for Indian exporters to ME/EU/AFRICA (2026)** - Short term (H1 2026): - Expect **elevated, highly volatile rates** and space constraints ex‑India to the Middle East and Red‑Sea‑linked Africa/Med ports. - India–Europe still tight but starting to soften from Q2 2026 as additional capacity and limited demand growth weigh on spot rates. ([porttechnology.org](https://www.porttechnology.org/news/india-europe-freight-rates-surge-amid-capacity-cuts/?utm_source=openai)) - Late 2026: - Base case is **moderating rates** across India–Europe and some Africa corridors as new tonnage, slower global demand and partial conflict de‑escalation take effect, though any renewed Red Sea or Gulf disruption could quickly reverse softening. ([spglobal.com](https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/02/2026-ocean-freight-outlook-softer-rates-ahead-but-volatility-is-not-going-anywhere?utm_source=openai)) === 2. COMMODITY TRENDS – INDIAN AGRI EXPORTS 2026 (SPICES, TEA, RICE, OILSEEDS) === **Overall agricultural export performance** - India’s agriculture exports in FY 2025‑26 are estimated at **US$52.55 billion**, up 2.8% from US$51.12 billion in 2024‑25, per commerce ministry data (news release April 22, 2026). ([economictimes.indiatimes.com](https://economictimes.indiatimes.com/news/economy/agriculture/agriculture-exports-up-2-8-pc-to-usd-52-55-bn-in-2025-26/articleshow/130441344.cms?utm_source=openai)) - Recent analysis notes India remains a *net* agri exporter, but the surplus is narrowing as some flagship products (rice, spices, tobacco, processed F&V) have retreated from the record 2024‑25 highs. ([indianexpress.com](https://indianexpress.com/article/explained/explained-economics/how-india-farm-exports-grow-despite-trump-tariffs-10682859/lite/?utm_source=openai)) **Spices** - IBEF (updated with FY25/FY26 data) reports: - FY24 spices exports: **US$4.24 bn**; FY25: **US$4.52 bn** (+6.6% YoY). - In FY26 (April–July 2025, i.e., the first 4 months of FY 2025‑26) India exported spices worth **₹13,301 crore (~US$1.6 bn)**, tracking toward another strong year if momentum holds. ([ibef.org](https://www.ibef.org/exports/spice-industry-india?utm_source=openai)) - A 2025 export market review notes: - India accounts for ~**40–45% of global spice exports by volume** and ~**25%+ by value**, remaining the top supplier. - Strong demand and firm prices for turmeric, black pepper, organic spice blends and value‑added mixes; more volatility for some red chilli varieties due to crop and quality swings. ([indianspicesexporters.com](https://indianspicesexporters.com/spices-export-market-report-2025-prices-demand-global-trends/?utm_source=openai)) - Despite overall growth, US‑bound spices exports declined from **US$654.7m (2024‑25) to US$578.7m (2025‑26)** following tariff hikes, pushing Indian exporters to deepen presence in the Middle East, EU, and East Asia. ([freshplaza.com](https://www.freshplaza.com/latin-america/article/9836674/indian-fruit-and-vegetable-exports-grow-despite-u-s-tariffs/?utm_source=openai)) **Tea** - Commerce ministry’s 2025‑26 annual trade report indicates: - Tea remains a major APEDA‑monitored export; licences (RCACs) continue to be issued for both bulk and value‑added tea shipments. - While detailed 2025‑26 tea export tonnage/value tables in the report point to **modest growth** vs 2024‑25, India is losing some share in low‑value black tea to Kenya/Sri Lanka but gaining in premium orthodox and specialty teas to the Middle East, Russia/CIS and Europe. ([commerce.gov.in](https://www.commerce.gov.in/ministryofcommerce/sites/default/files/2026-04/Annual_0.pdf?utm_source=openai)) **Rice (basmati and non‑basmati)** - Government report for 2025‑26 (to Dec 31, 2025) shows: - **42,797 RCACs** issued by APEDA for basmati rice exports, representing a substantial quantity of certified exportable basmati. ([commerce.gov.in](https://www.commerce.gov.in/ministryofcommerce/sites/default/files/2026-04/Annual_0.pdf?utm_source=openai)) - Analytical coverage (Indian Express, April 2026) notes: - Rice exports in value terms are **below the 2024‑25 peak**, mainly due to export restrictions and price ceilings on non‑basmati due to domestic inflation concerns, and more cautious import demand from some African and Asian buyers. ([indianexpress.com](https://indianexpress.com/article/explained/explained-economics/how-india-farm-exports-grow-despite-trump-tariffs-10682859/lite/?utm_source=openai)) - Trade‑oriented 2026 rice market commentary indicates: - India **still dominates global rice exports** in 2026, especially premium basmati and specific non‑basmati segments where buyers accept higher prices in exchange for reliability and brand recognition. - Buyers in Africa and the Middle East continue to re‑enter Indian origin after 2023–24 bans/curbs, but now diversify *within* India (more suppliers, states) and maintain optionality with Thailand/Vietnam as secondary origins. ([reddit.com](https://www.reddit.com/r/u_indiafeast/comments/1soonqr/rice_export_market_trends_in_2026_key_insights/?utm_source=openai)) **Oilseeds & vegetable oils** - Economic Times summary of commerce ministry data for 2025‑26 highlights: - “Other oilseeds” exports up **84.39%** YoY, pointing to emerging opportunities in **specialised oilseeds** (e.g., sesame, niger seed, flax/linseed). ([economictimes.indiatimes.com](https://economictimes.indiatimes.com/news/economy/agriculture/agriculture-exports-up-2-8-pc-to-usd-52-55-bn-in-2025-26/articleshow/130441344.cms?utm_source=openai)) - Commerce annual report shows: - Export quotas notified/allocated in 2025‑26 for **natural honey, flax seeds, and other niche products**, with selected exporters getting defined tonnage – suggesting a policy focus on structured growth in high‑value oilseed and apiculture exports. ([commerce.gov.in](https://www.commerce.gov.in/ministryofcommerce/sites/default/files/2026-04/Annual_0.pdf?utm_source=openai)) **Origin diversification & buyers shifting to India (2025–26)** - Global buyers are re‑balancing away from single‑origin dependence due to war, climate and policy risk: - India’s broad product basket (spices, rice, buffalo meat, F&V, oilseeds) and “relative neutrality” in geopolitical blocs are cited as advantages that support more *stable* medium‑term orders by late 2026. ([sarjak.com](https://www.sarjak.com/articles/india-ocean-freight-managed-volatility-2026-outlook/?utm_source=openai)) - Evidence of diversification *towards* India: - Buffalo meat exports surged **25.6%** in value to **US$5.1 bn** in 2025‑26, with strong growth into Egypt, UAE, Saudi Arabia, Malaysia and Uzbekistan – buyers looking for reliable protein suppliers amid US–China trade and sanitary tensions. ([indianexpress.com](https://indianexpress.com/article/explained/explained-economics/how-india-farm-exports-grow-despite-trump-tariffs-10682859/lite/?utm_source=openai)) - Fresh fruit & vegetable exports held up despite US tariffs, with the UAE, Iraq, Netherlands, Bangladesh and Malaysia among major destinations. ([freshplaza.com](https://www.freshplaza.com/latin-america/article/9836674/indian-fruit-and-vegetable-exports-grow-despite-u-s-tariffs/?utm_source=openai)) - Trade and B2B commentary in 2026 shows continued international preference for Indian origin for **spices and seeds**, citing quality standards and established logistics chains, even as buyers keep alternate origins (e.g., Vietnam, Indonesia) as risk hedges. ([reddit.com](https://www.reddit.com/r/u_indiafeast/comments/1sl6lsi/spices_seeds_global-export-market-uses_demand/?utm_source=openai)) **Price & demand snapshots (2025–26)** - Spices: - Turmeric, black pepper, and organic blends show **firm to rising prices** on tight supply and strong health‑driven demand; some chillies see price corrections after high‑price years. ([indianspicesexporters.com](https://indianspicesexporters.com/spices-export-market-report-2025-prices-demand-global-trends/?utm_source=openai)) - Rice: - Global rice market in 2026 described as “more dynamic and competitive,” with Indian basmati pricing at a premium to Pakistani and some Southeast Asian origins, but supported by brand/quality perception and long‑term contracts in the Gulf and EU ethnic segments. ([reddit.com](https://www.reddit.com/r/u_indiafeast/comments/1soonqr/rice-export-market-trends_in_2026_key_insights/?utm_source=openai)) - Oilseeds: - Strong YoY export growth in specialised oilseeds points to improved price realisations relative to domestic benchmarks, helped by niche demand in Europe, Middle East and East Asia for health foods and plant‑based ingredients. ([economictimes.indiatimes.com](https://economictimes.indiatimes.com/news/economy/agriculture/agriculture-exports-up-2-8-pc-to-usd-52-55-bn-in-2025-26/articleshow/130441344.cms?utm_source=openai)) === 3. PROBLEM FRAMING – LOGISTICS CHALLENGES FOR INDIAN FREIGHT FORWARDERS (2026) === **Port congestion & inland logistics frictions** - A February 2026 logistics policy analysis notes: - Average **container turnaround time at major ports has improved to ~22 hours**, yet **inland dwell time remains high** due to road congestion feeding ports like JNPA, eroding export competitiveness. ([drishtiias.com](https://www.drishtiias.com/current-affairs-news-analysis-editorials/news-editorials/11-02-2026?utm_source=openai)) - India’s freight mix remains heavily **road‑dependent**, exposing exporters to fuel price volatility and truck/driver shortages; rail still concentrates on bulk commodities (coal, ore) and captures limited high‑value container traffic. ([drishtiias.com](https://www.drishtiias.com/current-affairs-news-analysis-editorials/news-editorials/11-02-2026?utm_source=openai)) - Freightos and carrier updates (March–April 2026) indicate: - Backlogs at Indian and Bangladeshi ports handling Gulf‑bound cargo after the Gulf war escalation; carriers at times **suspend new bookings** to Middle East destinations, forcing forwarders to scramble for alternative routings or modes. ([reddit.com](https://www.reddit.com/r/zim/comments/1rq4z0k/freightos_weekly_update_march_10_2026_excerpts/?utm_source=openai)) **Container shortage / capacity availability** - On India–Middle East and Red‑Sea‑linked lanes, forwarders report: - Space constraints driven by stranded equipment in the Persian Gulf and Red Sea; Maersk and others acknowledge “particular challenges” for Gulf export containers even at relatively low global demand levels. ([reddit.com](https://www.reddit.com/r/zim/comments/1sy97nu/freightos_weekly_update_april_28_2026_excerpts/?utm_source=openai)) - On India–Europe: - Spot rates spiked 50–60% in late 2025 on capacity cuts/blank sailings, and while early‑2026 anecdotal evidence points to some **softening**, forwarders caution that carriers are actively managing capacity to protect yields, so **short‑notice bookings still face equipment or space risk**. ([porttechnology.org](https://www.porttechnology.org/news/india-europe-freight-rates-surge-amid-capacity-cuts/?utm_source=openai)) **Documentation, phytosanitary & compliance pressures** - Commerce ministry’s 2025‑26 annual report highlights: - Continued tightening of **SPS (sanitary and phytosanitary) and quality norms** in key markets, necessitating more rigorous export certification via APEDA/MPEDA, especially for rice, spices, tea, honey and flax seed. ([commerce.gov.in](https://www.commerce.gov.in/ministryofcommerce/sites/default/files/2026-04/Annual_0.pdf?utm_source=openai)) - For agri exporters, forwarders increasingly must: - Coordinate **phytosanitary certification**, residue testing and traceability documentation that now extend beyond consignee requirements to retailer/brand‑owner ESG and deforestation‑free mandates in the EU and UK. - Align with importers’ private standards (BRC, GlobalG.A.P., organic certifications), adding cost and lead time. ([ibef.org](https://www.ibef.org/uploads/industry/Infrographics/large/Agriculture-Infographic-November-2025.pdf?utm_source=openai)) *(synthesised from policy + market reports)* **Export policy changes & trade environment (2025–26)** - Government and media data show: - India has used **export bans/curbs or minimum export prices (MEPs)** for key staples (e.g., non‑basmati rice, onions) in recent years; while some measures have been partially relaxed, the 2024–26 period is characterised by *episodic policy interventions* responding to domestic inflation and election cycles. ([indianexpress.com](https://indianexpress.com/article/explained/explained-economics/how-india-farm-exports-grow-despite-trump-tariffs-10682859/lite/?utm_source=openai)) - US tariff actions in 2025–26 affected Indian agri products (including spices and some fruits/vegetables). Although aggregate exports still rose ~2.3–2.8%, forwarders and exporters had to **re‑route cargo** and mobilise new market channels in the Middle East, Europe and East Asia. ([freshplaza.com](https://www.freshplaza.com/latin-america/article/9836674/indian-fruit-and-vegetable-exports-grow-despite-u-s-tariffs/?utm_source=openai)) - This environment creates three concrete problems for Indian forwarders: 1. **Uncertain routing & lead times** – sudden export policy changes or tariff announcements disrupt sailing plans and documentation, especially for time‑sensitive perishables. 2. **Contract vs spot conflicts** – locked‑in rates/volumes become uneconomic when war or policy shocks push spot rates sharply up or down. 3. **Increased working capital strain** – longer dwell times (for permits/tests), detours (via Cape/alternatives), and rolling of containers raise finance needs for SME exporters. ([sarjak.com](https://www.sarjak.com/articles/india-ocean-freight-managed-volatility-2026-outlook/?utm_source=openai)) **Operational & ESG‑related challenges** - Trucking and emissions: - Electric truck penetration in heavy commercial vehicles is **<1% (2025)**; diesel trucks still account for about **60% of transport emissions**, implying impending regulatory and cost pressures as India and key destinations push decarbonisation. ([drishtiias.com](https://www.drishtiias.com/current-affairs-news-analysis-editorials/news-editorials/11-02-2026?utm_source=openai)) - Warehouse and cold‑chain: - Maersk IMEA outlook stresses **tight reefer capacity** during peak export windows for fruits, vegetables and pharma; forwarders must pre‑book reefer slots, consolidate loads efficiently and manage temperature‑log documentation to avoid claims. ([maersk.com](https://www.maersk.com/it-it/news/articles/2026/02/09/india-middle-east-and-africa-market-update-february?utm_source=openai)) **Strategic framing for 2026** From a market‑intelligence standpoint, the 2026 logistics challenge set for Indian freight forwarders can be framed as: 1. **Structural issues** (high inland logistics cost, road dependence, limited rail containerisation) that keep India’s export logistics cost base above some competing origins. ([drishtiias.com](https://www.drishtiias.com/current-affairs-news-analysis-editorials/news-editorials/11-02-2026?utm_source=openai)) 2. **Geopolitical and chokepoint risks** (Red Sea, Gulf war) that concentrate volatility on India’s core agri export lanes to the Middle East, Africa and Europe – creating extreme rate and capacity swings rather than a smooth easing cycle. ([spglobal.com](https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/02/2026-ocean-freight-outlook-softer-rates-ahead-but-volatility-is-not-going-anywhere?utm_source=openai)) 3. **Regulatory & compliance intensification** (tariffs, SPS, ESG) that turn forwarders into quasi‑consultants on documentation, certifications and routing – but also raise barriers to entry for less sophisticated players. ([indianexpress.com](https://indianexpress.com/article/explained/explained-economics/how-india-farm-exports-grow-despite-trump-tariffs-10682859/lite/?utm_source=openai)) These three dimensions together shape the risk/return profile for Indian forwarders handling agricultural exports in 2026, and they are key lenses for any deeper commercial or investment assessment. Sources: • Container freight from West Coast India to Middle East hits record high amid war | S&P Global https://www.spglobal.com/energy/en/news-research/latest-news/shipping/030326-container-freight-from-west-coast-india-to-middle-east-hits-record-high-amid-war?utm_source=openai • FREIGHTOS WEEKLY UPDATE - April 28, 2026 | Excerpts: “Asia-US West Coast prices (FBX01 Weekly) increased 1%.” | “Asia-US East Coast prices (FBX03 Weekly) increased 3%.” https://www.reddit.com/r/zim/comments/1sy97nu/freightos_weekly_update_april_28_2026_excerpts/?utm_source=openai • 2026 Ocean Freight Outlook: Softer Rates Ahead, but Volatility Isn’t Going Anywhere | S&P Global https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/02/2026-ocean-freight-outlook-softer-rates-ahead-but-volatility-is-not-going-anywhere?utm_source=openai • 2026 SOUTH ASIA CONTAINER MARKET REPORT 2026 Spo https://containersindia.in/wp-content/uploads/2026/03/CA-Final-Market-Report-2026.pdf?utm_source=openai • India–Europe freight rates surge amid capacity cuts - Port Technology International https://www.porttechnology.org/news/india-europe-freight-rates-surge-amid-capacity-cuts/?utm_source=openai • IMEA Market Update: Reliability Gains, Red Sea Progress and Seasonal Outlook | Maersk https://www.maersk.com/it-it/news/articles/2026/02/09/india-middle-east-and-africa-market-update-february?utm_source=openai • Ocean freight POV https://www.kearney.com/documents/d/asset-library-291362522/ocean-freight-kearney-pov-jan-26-refresherv2-1-?utm_source=openai • China Maritime Weekly Report: Red Sea shipping suspended, Europe and Asia-Pacific markets rise sharply. Update of booking guidelines for all shipping routes! https://www.reddit.com/r/supplychain/comments/1rrlspt/china_maritime_weekly_report_red_sea_shipping/?utm_source=openai • R ₹200 JANUARY 2026 WWW.MARITIMEGATEWAY https://www.maritimegateway.com/wp-content/uploads/2026/02/MG-Jan-2026-issue-Digital-Version.pdf?utm_source=openai • India Ocean Freight Outlook 2026: Managed Volatility & Market Realignment - Sarjak Container Lines https://www.sarjak.com/articles/india-ocean-freight-managed-volatility-2026-outlook/?utm_source=openai • India–Europe freight rates surge amid capacity cuts - Port Technology International https://www.porttechnology.org/news/india-europe-freight-rates-surge-amid-capacity-cuts/?utm_source=openai • 2026 Ocean Freight Outlook: Softer Rates Ahead, but Volatility Isn’t Going Anywhere | S&P Global https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/02/2026-ocean-freight-outlook-softer-rates-ahead-but-volatility-is-not-going-anywhere?utm_source=openai • How India’s farm exports have grown despite Trump tariffs | Explained News - The Indian Express https://indianexpress.com/article/explained/explained-economics/how-india-farm-exports-grow-despite-trump-tariffs-10682859/lite/?utm_source=openai • Indian Spices, Spices Manufacturers and Exporters in India - IBEF https://www.ibef.org/exports/spice-industry-india?utm_source=openai • Spices Export Market Report 2025 — Prices, Demand & Global Trends https://indianspicesexporters.com/spices-export-market-report-2025-prices-demand-global-trends/?utm_source=openai • Indian fruit and vegetable exports grow despite U.S. tariffs https://www.freshplaza.com/latin-america/article/9836674/indian-fruit-and-vegetable-exports-grow-despite-u-s-tariffs/?utm_source=openai • Annual Report 2025-26 https://www.commerce.gov.in/ministryofcommerce/sites/default/files/2026-04/Annual_0.pdf?utm_source=openai • Annual Report 2025-26 https://www.commerce.gov.in/ministryofcommerce/sites/default/files/2026-04/Annual_0.pdf?utm_source=openai • How India’s farm exports have grown despite Trump tariffs | Explained News - The Indian Express https://indianexpress.com/article/explained/explained-economics/how-india-farm-exports-grow-despite-trump-tariffs-10682859/lite/?utm_source=openai