## Company Profile Indo Globe Shipping Services Pvt Ltd — Indian freight forwarder / NVOCC-level operator. Lead contact: Neeraj Dogra (WCA contact). Public directory listing (ForwardersPages) and FIATA-source lead indicate a forwarder offering ocean/air freight, customs clearance and freight forwarding services to exporters — likely serving agri and textile shippers given common Indian forwarder customer base. Scale and exact port footprint not public in the lead; treat as small-to-mid-sized regional forwarder that sources carrier space and handles export documentation for clients (rice, spices, cotton/textiles, other agri consignments). ## Pain Points 1) Volatile ocean capacity & rate shocks on India→Gulf/Europe/Med routes (Red Sea disruptions + 2026 Strait of Hormuz events) are increasing freight cost and reliability risk for their agri/export clients (rice, spices, cotton/textiles). This forces last‑minute routing, blank sailings, and transit-time extensions that damage client margins and contracts. 2) Rapid, recurring Indian export policy toggles (MEPs, duties, temporary restrictions on rice/cereals) create timing risk and compliance burdens for shippers — forwarder must advise clients and find alternate markets or value‑added pathways quickly. 3) Rising non‑tariff barriers (MRLs, pesticide residues) for spices and food ingredients mean exporters need buyer matches that accept certified/compliant lots or premium channels; forwarder lacks quick buyer-intel and compliant-lot routing tools. 4) Cash/credit and payment-delay issues in some destination markets (e.g., Iran/West Asia) create collection and contract risk for exporters that forwarders must help mitigate. ## Intel Summary === MULTI-DIMENSION RESEARCH === === 1. COMMODITY TRENDS – INDIA RICE, SPICES, COTTON (PRICES & EXPORT VOLUMES, LATEST 2025–26) === [Timeframe note: Data below is mainly FY 2024–25 and FY 2025–26, plus 2025/26 cotton marketing year, reflecting the most recent figures available as of May 26, 2026.] **RICE** • **Export volumes & values** - India exported **20.1 million tonnes of rice in 2024–25**, valued at **USD 12.5 billion**, to more than **172 countries**. ([business-standard.com](https://www.business-standard.com/economy/news/west-asia-crisis-rice-exports-dip-7-5-to-11-53-billion-in-2025-26-126042300499_1.html?utm_source=openai)) - In **2025–26**, rice export value is estimated at **USD 11.53 billion**, a **7.5% decline YoY**, driven mainly by disruptions in West Asia (Middle East) and softer basmati demand. ([business-standard.com](https://www.business-standard.com/economy/news/west-asia-crisis-rice-exports-dip-7-5-to-11-53-billion-in-2025-26-126042300499_1.html?utm_source=openai)) • **By segment / markets** - **Basmati:** Iran remains the **top basmati destination**, but exports are under stress due to **payment delays, banking issues, and shipping schedule disruptions** linked to regional instability. ([business-standard.com](https://www.business-standard.com/economy/news/west-asia-crisis-rice-exports-dip-7-5-to-11-53-billion-in-2025-26-126042300499_1.html?utm_source=openai)) - **Non‑basmati:** Continues to move strongly into Africa and parts of Asia, but volumes are constrained intermittently by India’s export control measures (duty, MEP, and temporary restrictions – see policy section). • **Price trends (indicative)** - Global benchmarks show Indian 5% broken often trading at a discount to Thai/Vietnamese origins; USDA’s 2025 outlook notes **India projected to export a record 25.0 million tons**, keeping downward pressure on global prices. ([ers.usda.gov](https://ers.usda.gov/sites/default/files/_laserfiche/outlooks/112800/RCS-25E.pdf?v=57911&utm_source=openai)) - Trade commentary through early 2026 indicates: - **FOB non‑basmati (5% broken)**: softening vs 2023 peaks due to large global supplies and competition from Southeast Asian origins. - **FOB basmati**: under pressure from weaker Iranian/ME demand and financing constraints, but partially supported by quality premiums and brand demand in EU/US. **Key takeaway for rice:** Volumes remain historically high but have eased in value (~‑7.5% in 2025–26). Price environment is softer than 2022–23 highs, with regional political/shipping disruptions (West Asia, Red Sea) exerting localized downward pressure on realisations via higher logistics costs and discounting. --- **SPICES** • **Macro export trend** - India remains **world’s largest spice exporter**. A 2025 industry report notes spice export value at **INR 369.6 billion in FY 2024**, with volume around **1.4–1.5 million tonnes**; value had grown faster than volume over the last decade due to higher unit prices. ([patelrpl.in](https://patelrpl.in/wp-content/uploads/2025/02/Industry-Report-on-Food-Grocery-Retailing-and-Food-Processing_31-anuary-2025_DB-stamp.pdf?utm_source=openai)) - Latest FY **2025–26 data (DGFT / FISS analysis)** show: - **Spice exports down 5.3% in value** and **4.8% in volume** vs previous year. - **Fennel** saw the steepest drop: **value –46.2%, quantity –56.7%**. - **Chilli and cumin** – major export earners – also declined in both value and volume due to weak global demand and high domestic prices. ([english.gujaratsamachar.com](https://english.gujaratsamachar.com/news/national/indias-spice-exports-fall-5-3-in-fy26-as-chilli-cumin-shipments-weaken-80217082469.html?utm_source=openai)) • **Bright spots** - **Ginger exports**: **+14.3% in value; +10.6% in volume** in FY 2025–26. - **Black pepper**: export earnings **up 10.1%** despite minor fall in quantity, implying higher realisations. ([english.gujaratsamachar.com](https://english.gujaratsamachar.com/news/national/indias-spice-exports-fall-5-3-in-fy26-as-chilli-cumin-shipments-weaken-80217082469.html?utm_source=openai)) • **Price environment & 2026 outlook** - Recent 2026‑focused guides and B2B market analyses converge on: - **Projected 2026 spice export growth** of **8–10% in volume**, led by **Middle East and Southeast Asia**. ([home2globaltrade.com](https://www.home2globaltrade.com/blog/indian-spice-export-trends-2026?utm_source=openai)) - Patchy price performance: - **Turmeric, black pepper, organic blends**: relatively firm demand and better price support. ([indianspicesexporters.com](https://indianspicesexporters.com/spices-export-market-report-2025-prices-demand-global-trends/?utm_source=openai)) - **Certain red chilli and cumin varieties**: higher volatility, with corrections from 2023–24 peaks due to normalising supply and quality issues. ([indianspicesexporters.com](https://indianspicesexporters.com/spices-export-market-report-2025-prices-demand-global-trends/?utm_source=openai)) - Increasing **rejections / price discounts** in EU & developed markets tied to stricter **pesticide residue (MRL) standards**, forcing exporters to invest in better backward integration and testing—supportive of **higher prices for compliant, certified lots**. ([home2globaltrade.com](https://www.home2globaltrade.com/blog/indian-spice-export-trends-2026?utm_source=openai)) **Key takeaway for spices:** Headline exports dipped ~5% in FY 2025–26 but the medium‑term (2026) outlook is for **volume recovery (8–10%)** with a **two‑tier price structure**: premiums for organic/compliant/high‑quality lots; volatility and margin pressure in commoditized chilli/cumin/fennel segments. --- **COTTON (LINT & TEXTILES)** • **Raw cotton production, trade & stocks** - Cotton Association of India (CAI) estimates for **2025–26 season (Oct 2025–Sep 2026)**: - Production: **~317 lakh bales of 170 kg** (about **5.4 million tonnes**). ([fibre2fashion.com](https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai)) - Domestic consumption: **305 lakh bales**, down from **314 lakh** in 2024–25. ([fibre2fashion.com](https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai)) - Imports: **50 lakh bales in 2025–26**, up from **41 lakh** in previous season (+22%). ([fibre2fashion.com](https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai)) - Closing stocks (Sep 30, 2026): **107.6 lakh bales**, about **+78% YoY** vs 60.6 lakh bales, reflecting comfortable to surplus domestic supply. ([fibre2fashion.com](https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai)) - Some trade estimates peg exports at **17 lakh bales for the 2025–26 season**, relatively modest vs historical peaks as India balances domestic textile demand with export opportunities. ([in.investing.com](https://in.investing.com/news/commodities-news/cai-pegs-indias-202526-cotton-output-at-305-lakh-bales-5099740?utm_source=openai)) • **Textile export performance (cotton‑rich chain)** - In **FY 2025–26**, **cotton yarn, fabrics, made‑ups & handloom exports** reached **INR 1,02,399.7 crore**, up slightly from **INR 1,02,002.8 crore in FY 2024–25** – **+0.4% growth**, effectively flat in real terms. ([business-standard.com](https://www.business-standard.com/markets/capital-market-news/textile-exports-up-2-1-in-fy26-126042200444_1.html?utm_source=openai)) - Overall textile exports (all segments) showed a modest **+2.1%** increase in FY 2025–26, indicating stabilisation after the global demand slowdown seen in 2023–24. ([business-standard.com](https://www.business-standard.com/markets/capital-market-news/textile-exports-up-2-1-in-fy26-126042200444_1.html?utm_source=openai)) • **Price trends & implications** - The combination of: - Higher closing stocks (+78% YoY), - Rising imports (+22%), and - Flat export of cotton‑based textiles points to a **mildly bearish to range‑bound domestic cotton price environment in 2025–26**, with periodic support from MSP operations and any global weather‑related shocks. ([fibre2fashion.com](https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai)) **Key takeaway for cotton:** India heads into late‑2025 and 2026 with **comfortable cotton supplies and rising stocks**, flat textile exports, and modest import growth, implying **limited upside in domestic lint prices** unless there is a sharp recovery in global textile demand or weather‑driven supply shocks. **Sources (Dimension 1):** ([business-standard.com](https://www.business-standard.com/economy/news/west-asia-crisis-rice-exports-dip-7-5-to-11-53-billion-in-2025-26-126042300499_1.html?utm_source=openai)) === 2. MARKET EVENTS – INDIA CONTAINER SHIPPING, RATES, CAPACITY & RED SEA ROUTE DISRUPTIONS (2024–2026) === **Context: Red Sea & linked crises** - Houthi attacks on commercial vessels in the Red Sea/Suez route from **late 2023** drove a massive re‑routing of container services around the Cape of Good Hope. UNCTAD and other trackers reported **spot rates from Shanghai to Europe up ~256% (Dec 2023–Feb 2024)** and an effective **15–20% capacity loss** on Far East–Europe lanes. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Red_Sea_crisis?utm_source=openai)) - By **early 2025**, a partial ceasefire reduced some attacks, but the broader **Red Sea crisis effects persisted into 2026**, with carriers still pricing in security risk and longer voyages. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Houthi_attacks_on_commercial_vessels?utm_source=openai)) **Impact on India–Europe/Med & Middle East lanes** • **Freight rates and space (2024–2025)** - Forwarder reports on **India–Europe sea freight (June 2025)** note: - **Space tightening and equipment shortages** on India–Europe routes. - Carriers imposed **sharp rate hikes** and frequent **blank sailings / last‑minute cut‑off changes** at key Indian ports (Nhava Sheva, Mundra, Chennai, Ennore), causing planning uncertainty. ([metro.global](https://www.metro.global/2025/06/24/pressure-builds-on-india-europe-sea-freight/?utm_source=openai)) - CRISIL’s 2024–25 sector note on Red Sea disruptions highlights, for India: - Global container rates **2.5–3.0x higher than early‑2023 baseline** during peak disruption phases. - Sectors with high Europe exposure (engineering goods, textiles, some agri‑value‑added) face **margin compression from elevated freight and longer transit times**. ([intelligence.crisil.com](https://intelligence.crisil.com/content/dam/crisil/our-analysis/reports/Research/documents/2024/02/sectoral-impact-of-red-sea-trade-disruptions/sectoral-impact-of-red-sea-trade-disruptions.pdf?utm_source=openai)) • **2026 developments: partial normalisation but persistent volatility** - Mainline carriers (e.g., Maersk) restarted more regular Red Sea/Suez services by **early 2026**, after partial stabilisation of attacks; however, risk surcharges and selective diversions continued, especially for US/UK‑linked cargoes. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Houthi_attacks_on_commercial_vessels?utm_source=openai)) - The **2026 Strait of Hormuz crisis** added a second layer of risk: - Major container lines temporarily **suspended transits through the Strait and some Gulf‑Red Sea routes**, impacting India–Gulf and India–Europe services that typically hub via the Middle East. ([en.wikipedia.org](https://en.wikipedia.org/wiki/2026_Strait_of_Hormuz_crisis?utm_source=openai)) - Result: **renewed spot rate spikes and capacity tightening** in Q1–Q2 2026 on India–Gulf, India–Europe, and India–East Africa lanes, though exact $/FEU numbers vary by carrier and week. **Practical impacts on Indian shippers (especially agri/food exports)** - **Cost structure:** For agri exporters (rice, spices, cotton textiles) to Europe & North Africa, all‑in freight in peak disruption windows has been **2–3x 2022 levels**, eroding FOB margins and forcing **renegotiation of long‑term contracts**. ([intelligence.crisil.com](https://intelligence.crisil.com/content/dam/crisil/our-analysis/reports/Research/documents/2024/02/sectoral-impact-of-red-sea-trade-disruptions/sectoral-impact-of-red-sea-trade-disruptions.pdf?utm_source=openai)) - **Transit times:** Typical India–Europe sailings extended by **10–14 days** when routed via the Cape, disrupting **fresh/short‑shelf‑life shipments** and tightening credit cycles for exporters. ([intelligence.crisil.com](https://intelligence.crisil.com/content/dam/crisil/our-analysis/reports/Research/documents/2024/02/sectoral-impact-of-red-sea-trade-disruptions/sectoral-impact-of-red-sea-trade-disruptions.pdf?utm_source=openai)) - **Capacity/routing adjustments:** - Some carriers shifted **India–Europe cargo via transhipment hubs** in the Arabian Gulf or Mediterranean when safe, while others used **direct Cape routes**. - Indian shippers with diversified routings (India–US via Pacific, India–ASEAN) faced less disruption, but **India–EU/UK and India–Levant/North Africa** corridors saw persistent reliability issues. ([metro.global](https://www.metro.global/2025/06/24/pressure-builds-on-india-europe-sea-freight/?utm_source=openai)) **Key market signals for 2026–27 planning** - Despite partial rate softening off the 2024–25 peaks, forwarders and analysts still describe **container freight as structurally higher and more volatile** vs pre‑2023 norms through at least **2026–27**. ([media-publications.bcg.com](https://media-publications.bcg.com/Whats-Next-for-Container-Shipping-in-the-Red-Sea-Crisis.pdf?utm_source=openai)) - Exporters increasingly: - Build **higher freight buffers** into pricing, - Seek **longer validity rate contracts** with key carriers where possible, - Split shipments and front‑load dispatches ahead of anticipated geopolitical flashpoints, and - Explore **alternate markets less dependent on Red Sea/Suez routing** (e.g., Africa via western routes, ASEAN, US via Pacific) for risk diversification. ([metro.global](https://www.metro.global/2025/06/24/pressure-builds-on-india-europe-sea-freight/?utm_source=openai)) **Sources (Dimension 2):** ([metro.global](https://www.metro.global/2025/06/24/pressure-builds-on-india-europe-sea-freight/?utm_source=openai)) === 3. TIMING SIGNALS – INDIA EXPORT POLICY 2025–2026 (AGRICULTURAL EXPORTS, DUTIES, NOTIFICATIONS) === [Note: DGFT/Ministry notifications are highly granular. Below are key structural signals and recent moves relevant to agricultural exporters.] **General export policy framework for 2025–26** - DGFT’s revised **“General Notes to Export Policy” (Notification No. 36/2025‑26, dated 3 Oct 2025)** consolidates special conditions for multiple agricultural lines. Examples: - Clarifies treatment of **“cereal grains otherwise worked except rice” (HS 1104)** and various processed agri products. - Provides **exemptions from quantitative ceilings and bans** for **organic agricultural products** and certain value‑added products, even when base commodities face restrictions. ([content.dgft.gov.in](https://content.dgft.gov.in/Website/General_Note_on_Export_Policy_2025.pdf?utm_source=openai)) - The 2023–28 **Foreign Trade Policy (FTP)** continues to emphasize **value‑added agri exports**, GI products, and branding, with sector‑specific schemes being fine‑tuned via notifications rather than entirely new incentive frameworks. **Rice‑specific policy signals (linked to Dimension 1)** - Since 2023, India has used a combination of: - **Export bans/“prohibited” status for certain non‑basmati white rice categories**, - **Minimum export prices (MEPs)** and - **Export duties (often 20%)** for some rice variants to manage domestic inflation and availability. - Through 2024–2026, notifications periodically **relaxed or re‑imposed** controls based on domestic price/stock situations, usually allowing: - **Parboiled and broken rice** exports under defined conditions, and - **Basmati exports** with price checks and contract registration norms (e.g., declaring contract prices above specific thresholds to curb under‑invoicing). ([jdenterprises.ltd](https://jdenterprises.ltd/blog/india-s-rice-exports-surge-in-2026-latest-data-and-market-outlook?utm_source=openai)) - Current trajectory (as of early‑mid 2026, per trade commentary) is **gradual liberalisation** from the tightest 2023–24 controls, but policymakers remain willing to **reinstate restrictions quickly** if domestic cereal prices spike. **Spices and other agri products – regulatory tightening via SPS/MRL‑driven measures** - While India generally **encourages spice exports**, the binding constraints in 2025–26 are increasingly **non‑tariff**: - Exporters are adapting to **stricter MRL and contaminant standards** in EU, North America and some Asian markets. - India’s Spices Board has expanded **testing and traceability requirements**; in parallel, DGFT’s notes increasingly highlight **compliance with foreign SPS regulations** as a prerequisite for export facilitation. ([home2globaltrade.com](https://www.home2globaltrade.com/blog/indian-spice-export-trends-2026?utm_source=openai)) - Policy support signals: - Crop‑specific **Spice Parks and processing clusters** to enable higher value addition and residue control, improving price realisation and easing compliance for exports. ([ibef.org](https://www.ibef.org/exports/spice-industry-india?utm_source=openai)) **Cotton & textiles – duties, incentives, and imports** - With India’s cotton stocks projected to rise sharply (+78% YoY closing stocks in 2025–26) and textile exports only modestly growing (+2.1% for textiles, +0.4% for cotton yarn/fabric etc.), policy has focused more on: - **Facilitating raw cotton imports at lower duty** when domestic prices are uncompetitive, and - **Incentivising value‑added exports** (garments, technical textiles) rather than raw lint shipments. ([fibre2fashion.com](https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai)) - Export‑side tariffs on cotton itself are generally less restrictive than cereals, but **duty drawback and RoDTEP rates** are periodically adjusted, impacting effective export realisations for yarn/fabric/garments. **Export incentive / facilitation themes for 2025–26 (cross‑cutting agri)** From FTP/notification trajectory and recent guidance: - **Shift from direct subsidies to remission / facilitation:** - Continued use of **RoDTEP** and **RoSCTL (for textiles)** as main export incentive channels. Changes in sectoral rates (including for processed foods, marine, some agri value‑added products) are announced through DGFT/CBIC notifications, typically once or twice a year. - **Priority for value‑added and organic exports:** - Multiple notes (including Oct 2025 General Notes) explicitly carve out **exceptions for organic/value‑added agri exports from bans/ceilings**, signalling a strong medium‑term policy bias toward **processed and branded exports**, even when raw commodity exports are restricted. ([content.dgft.gov.in](https://content.dgft.gov.in/Website/General_Note_on_Export_Policy_2025.pdf?utm_source=openai)) - **Use of export restrictions as a “shock absorber”:** - 2022–25 experience on wheat, rice, sugar and some pulses demonstrates that **India is willing to quickly toggle between “free” and “restricted/prohibited”** export statuses when domestic inflation or supply concerns arise. That pattern is likely to persist through **2026**, implying policy‑driven **timing risk** for commodity exporters, particularly in cereals and some pulses/oilseeds. **Timing signals for 2026 strategy** - For **rice exporters**, the key timing cues will be: - **Monsoon progression and kharif crop estimates (Jun–Sep 2026)**; - **CPI food inflation readings**; and - Any mid‑season **stock/price review by the food & commerce ministries**, historically correlated with sudden export duty/ban notifications. ([ers.usda.gov](https://ers.usda.gov/sites/default/files/_laserfiche/outlooks/112800/RCS-25E.pdf?v=57911&utm_source=openai)) - For **spice exporters**, watch: - **Updates from Spices Board on residue norms and EU alerts**, - Any new **DGFT notifications specifically referencing aflatoxin/ pesticide residues**, and - Market‑driven segmentation of “compliant premium” vs “bulk” exports, which will affect what contracts to lock in early in the 2026 buying season. ([home2globaltrade.com](https://www.home2globaltrade.com/blog/indian-spice-export-trends-2026?utm_source=openai)) - For **cotton/textiles**, signals include: - Adjustments in **RoDTEP/RoSCTL rates**, - Changes in **import duty on cotton** (to support mills vs farmers), and - Any targeted export promotion schemes for MMF/cotton‑rich garments under the production‑linked incentive (PLI) or new FTP tweaks. ([fibre2fashion.com](https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai)) **Sources (Dimension 3):** ([content.dgft.gov.in](https://content.dgft.gov.in/Website/General_Note_on_Export_Policy_2025.pdf?utm_source=openai)) Sources: • West Asia crisis: Rice exports dip 7.5% to $11.53 billion in 2025-26 | Economy & Policy News - Business Standard https://www.business-standard.com/economy/news/west-asia-crisis-rice-exports-dip-7-5-to-11-53-billion-in-2025-26-126042300499_1.html?utm_source=openai • West Asia crisis: Rice exports dip 7.5% to $11.53 billion in 2025-26 | Economy & Policy News - Business Standard https://www.business-standard.com/economy/news/west-asia-crisis-rice-exports-dip-7-5-to-11-53-billion-in-2025-26-126042300499_1.html?utm_source=openai • West Asia crisis: Rice exports dip 7.5% to $11.53 billion in 2025-26 | Economy & Policy News - Business Standard https://www.business-standard.com/economy/news/west-asia-crisis-rice-exports-dip-7-5-to-11-53-billion-in-2025-26-126042300499_1.html?utm_source=openai • Economic Research Service | Situation and Outlook Report https://ers.usda.gov/sites/default/files/_laserfiche/outlooks/112800/RCS-25E.pdf?v=57911&utm_source=openai • Industry Report on https://patelrpl.in/wp-content/uploads/2025/02/Industry-Report-on-Food-Grocery-Retailing-and-Food-Processing_31-anuary-2025_DB-stamp.pdf?utm_source=openai • India’s spice exports fall 5.3% in FY26 as chilli, cumin shipments weaken | India’s spice exports fall 5 3% in FY26 as chilli cumin shipments weaken - Gujarat Samachar https://english.gujaratsamachar.com/news/national/indias-spice-exports-fall-5-3-in-fy26-as-chilli-cumin-shipments-weaken-80217082469.html?utm_source=openai • India’s spice exports fall 5.3% in FY26 as chilli, cumin shipments weaken | India’s spice exports fall 5 3% in FY26 as chilli cumin shipments weaken - Gujarat Samachar https://english.gujaratsamachar.com/news/national/indias-spice-exports-fall-5-3-in-fy26-as-chilli-cumin-shipments-weaken-80217082469.html?utm_source=openai • Indian Spice Export Market Trends 2026: What Global Buyers Need to Know https://www.home2globaltrade.com/blog/indian-spice-export-trends-2026?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 • 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 Spice Export Market Trends 2026: What Global Buyers Need to Know https://www.home2globaltrade.com/blog/indian-spice-export-trends-2026?utm_source=openai • Indian Spices, Spices Manufacturers and Exporters in India - IBEF https://www.ibef.org/exports/spice-industry-india?utm_source=openai • CAI pegs 25–26 India cotton output at 317 lakh bales, ending stocks up - Fibre2Fashion https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai • CAI pegs 25–26 India cotton output at 317 lakh bales, ending stocks up - Fibre2Fashion https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai • CAI pegs 25–26 India cotton output at 317 lakh bales, ending stocks up - Fibre2Fashion https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai • CAI Pegs India’s 2025-26 Cotton Output at 305 Lakh Bales By Kedia Advisory https://in.investing.com/news/commodities-news/cai-pegs-indias-202526-cotton-output-at-305-lakh-bales-5099740?utm_source=openai • Textile exports up 2.1% in FY26 | Capital Market News - Business Standard https://www.business-standard.com/markets/capital-market-news/textile-exports-up-2-1-in-fy26-126042200444_1.html?utm_source=openai • CAI pegs 25–26 India cotton output at 317 lakh bales, ending stocks up - Fibre2Fashion https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai • General Notes to Export Policy https://content.dgft.gov.in/Website/General_Note_on_Export_Policy_2025.pdf?utm_source=openai • India’s Rice Exports Surge in 2026: Latest Trade Data & Market Outlook https://jdenterprises.ltd/blog/india-s-rice-exports-surge-in-2026-latest-data-and-market-outlook?utm_source=openai • Indian Spice Export Market Trends 2026: What Global Buyers Need to Know https://www.home2globaltrade.com/blog/indian-spice-export-trends-2026?utm_source=openai • CAI pegs 25–26 India cotton output at 317 lakh bales, ending stocks up - Fibre2Fashion https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai • General Notes to Export Policy https://content.dgft.gov.in/Website/General_Note_on_Export_Policy_2025.pdf?utm_source=openai • Economic Research Service | Situation and Outlook Report https://ers.usda.gov/sites/default/files/_laserfiche/outlooks/112800/RCS-25E.pdf?v=57911&utm_source=openai • Indian Spice Export Market Trends 2026: What Global Buyers Need to Know https://www.home2globaltrade.com/blog/indian-spice-export-trends-2026?utm_source=openai • CAI pegs 25–26 India cotton output at 317 lakh bales, ending stocks up - Fibre2Fashion https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai • General Notes to Export Policy https://content.dgft.gov.in/Website/General_Note_on_Export_Policy_2025.pdf?utm_source=openai • Economic Research Service | Situation and Outlook Report https://ers.usda.gov/sites/default/files/_laserfiche/outlooks/112800/RCS-25E.pdf?v=57911&utm_source=openai • Indian Spice Export Market Trends 2026: What Global Buyers Need to Know https://www.home2globaltrade.com/blog/indian-spice-export-trends-2026?utm_source=openai • CAI pegs 25–26 India cotton output at 317 lakh bales, ending stocks up - Fibre2Fashion https://www.fibre2fashion.com/news/raw-material-price-news/cai-pegs-25-26-india-cotton-output-at-317-lakh-bales-ending-stocks-up-308321-newsdetails.htm?utm_source=openai