In fiscal 22 (2021-22) India’s agriculture exports grew by 20% to hit $ 50 billion

India’s exports of agricultural products, including marine and plantation products, for 2021-22 hit a record at $50 billion, an increase by 20% year on year. As per the provisional figures released by DGCIS ( Directorate General of Commercial Intelligence and Statistics) last week, the export growth has been achieved mostly because of a surge in shipments […]

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Exports of agri, processed food likely to exceed $ 23.7 billion in FY22: APEDA

Exports of agricultural and processed food products through APEDA are expected to exceed the target of $ 23.7 billion in the current fiscal, the commerce ministry said. Agricultural and Processed Food Products Export Development Authority (APEDA) is taking a series of steps such as promoting IT-enabled activities for ease of doing business in the promotion […]

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Nearly a third of India’s rice exports for this month are stuck due to a shortage of freight trains

Nearly a third of India’s rice exports for January 2022 are stuck due to a shortage of freight trains. Most traders have stopped signing February export contracts to avoid demurrage charges, industry officials told Reuters. The slowdown in exports from India, the world’s biggest rice exporter, has allowed rival suppliers such as Thailand, Myanmar and […]

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India’s agri exports jump by 22% to reach $ 7.9 billion during April-August 2021

Exports of 37 agriculture and processed products, promoted by Agricultural and Processed Food Products Export Development Authority (Apeda), jumped by 22% to touch $ 7.9 billion during first five months of the current fiscal. The export market saw a healthy demand for rice and other cereals as well as meat, dairy and poultry products. Exports […]

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Government of India introduces export policy to boost export of agri products

The Government has formulated a comprehensive Agriculture Export Policy to consolidate the efforts for export of agricultural products. The objectives of the Agriculture Export policy is to diversify the export basket, destinations and boost high value and value added agricultural exports including focus on perishables, policy also aims to promote novel, indigenous, organic, ethnic, traditional and […]

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India to invest Rs 1,500 crore to promote agriculture exports

The Indian government is planning to draw up Rs 1,500 crore to develop 40 export-oriented clusters under the proposed agriculture export policy as part of its short- and long-term initiatives to boost exports and curb the country’s mounting current account deficit. The proposal is currently under inter-ministerial consultation and will be will be sent to […]

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