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India Exports Varanasi-Made Biscuits to Oman Under CEPA, Boosting Food Sector
🇴🇲 Oman /Economy & Trade

India Exports Varanasi-Made Biscuits to Oman Under CEPA, Boosting Food Sector

From Times of Oman · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • India has exported 40 metric tons of biscuits from Varanasi to Oman for the first time under the India-Oman CEPA trade agreement.
  • The trade pact is enhancing the competitiveness of Indian food products in international markets, according to Union Minister Piyush Goyal.
  • An MoU aims to expand biscuit exports to Oman and other Gulf Cooperation Council countries, boosting India's food processing sector.

In a significant boost for India's "Made In India" initiative, the country has successfully exported 40 metric tons of biscuits manufactured in Varanasi to Oman. This marks the first such shipment under the India-Oman Comprehensive Economic Partnership Agreement (CEPA), as announced by Union Commerce and Industry Minister Piyush Goyal.

For the first time, 40MT of biscuits manufactured in Varanasi have been exported to Oman under the India-Oman CEPA, advancing PM Narendra Modi ji's vision of taking 'Made In India' products to the world.

— Piyush GoyalUnion Commerce and Industry Minister, announcing the first export shipment of biscuits.

Goyal highlighted on social media platform X that the CEPA is instrumental in making Indian food products more competitive globally, aligning with Prime Minister Narendra Modi's vision. He further revealed that an agreement has been signed to substantially increase Indian biscuit exports to the Gulf region, with a Memorandum of Understanding (MoU) in place for supplying nearly 700 metric tons of biscuits to Oman and other Gulf Cooperation Council (GCC) countries during the 2026-27 fiscal year.

The minister emphasized that the preferential tariff benefits provided under the CEPA grant Indian biscuits duty-free access to the Omani market. This advantage makes them more price-competitive against other major exporters. Goyal anticipates that this tariff advantage will lead to higher export volumes and recurring orders from importers in the region.

Preferential tariff benefits available under CEPA have allowed duty-free access for biscuits produced in India, making them more price-competitive in comparison to other key competitors in the Oman market.

— Piyush GoyalExplaining the impact of the trade agreement on Indian biscuit exports.

This development is expected to provide a considerable impetus to India's food processing sector, driving increased production and generating more employment opportunities. The successful export of Varanasi-made biscuits signifies a growing acceptance and demand for Indian food products in overseas markets, facilitated by strategic trade agreements.

Clearly a big boost to our food processing sector with increased production and job generation.

— Piyush GoyalCommenting on the expected economic benefits of the increased exports.
DistantNews Editorial

Originally published by Times of Oman in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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