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APEDA invites fresh bids for Market Intelligence Cell
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Monday, 17 March, 2025, 08 : 00 AM [IST]
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Ashwani Maindola, New Delhi
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The Agricultural & Processed Food Products Export Development Authority -APEDA has invited fresh bids for ‘Market Intelligence Cell’.
“India's agriculture sector is a fundamental component of its economy, accounting for 18.2% of the GDP. As the world's top producer of milk, pulses, and spices, and the second-largest in terms of rice, wheat, cotton, and fresh produce, India holds significant potential to lead in global agricultural exports. However, with an average annual growth rate of 4% over the last five years, India has yet to fully realise its export capabilities. As one of its key measures APEDA is taking a strategic step for a Market Intelligence Cell (MIC). This initiative aims to track market trends, provide actionable insights, and disseminate this among exporters, thereby enhancing India's agricultural exports and bolstering its presence in the global market,” reads the notice issued by the APEDA.
APEDA provides services as market development, quality control, and certification to maintain the standards of the exported products which cover 17 broad categories ranging from fresh fruits and vegetables to processed food. And the MIC is expected to report on supply side dynamics, demand side dynamics, macro economic indicators, buyer-seller linkages and quick research reports on current topics.
The notice added that Experienced Professional Agencies, which were in existence as on April 1, 2019, or earlier and meeting the prescribed criteria of having experience in execution of the similar work and possessing sound financials, may participate in the bid process, wherein pre-bid meeting shall take place on March 17 while duly completed bids shall be accepted up to 12:00 Noon on March 25, 2025, (Tuesday).
According to APEDA, the previously issued notice, in January for the same, has been abandoned due to administrative reasons and a fresh bid for Market Intelligence Cell for APEDA was issued.
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