Current Affairs - Economy - Discussion

Guwahati Airport, officially known as Lokapriya Gopinath Bordoloi International Airport, has been designated by the Central Government as the official export point for Agarwood chips and oil. This decision aims to promote direct international trade from Northeast India and reduce logistical difficulties associated with transporting products through other Indian hubs. The first export consignment of 123 kg of agarwood chips was successfully shipped to Dubai on October 26, 2026. Assam accounts for approximately 81% of India's agarwood trees and supports nearly 50,000 farmers through this industry. Agarwood is also known as "Liquid Gold" because of its high value in the global fragrance and perfume markets.