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Demand for Indian agriculture and food items is increasing abroad, exports will continue to increase.
Dec 20, 2022
The growth in total export of goods may have slowed down, but the export of agricultural and food items is continuously increasing rapidly. According to exporters, exports of agricultural and food items will continue to show strong growth in the coming months on the back of orders.
0.62 percent increase in exports
In the month of November this year, only 0.62 per cent increase was registered in the total export of commodities as compared to November last year, but the export of almost all the items of agriculture and food items registered a double digit growth. Apart from rice, an increase of 53.78 percent was registered in the export of different types of cereals in the month of November. According to the exporters, the coming year has been declared as Millets Year by the United Nations and this will encourage the export of coarse grains.
Cashew and spice exports decline
According to the statistics of the Ministry of Commerce and Industry, in the month of November, the export of tea, rice, various cereals, tobacco, oil mills, oilseeds, fruits and vegetables, various types of finished grains and processed items increased in double digits as compared to November last year. doing. A decline was registered in the export of cashew nuts and spices.
Expected to get orders worth one billion dollars
Mohit Singla, chairman of the Trade Promotion Council of India, said that due to the food crisis, foreign buyers are taking a lot of interest in Indian agriculture and food items. He informed that this year buyers from more than 80 countries are coming to Indus Food, which is being organized for export promotion of agricultural products. Agricultural exporters are expected to get orders worth one billion dollars at the upcoming Indus Food Fair to be held in Hyderabad on January 7-8.
Millets being made separately in Indus Food
Singla informed that considering the interest of foreign buyers regarding millets, a separate millets pavilion is being set up at Indus Food. Percentage increase in exports of agricultural commodities in November this year over November last year (Source: Ministry of Commerce and Industry);
Tea - 27.03 percent
Rice - 19.16 percent
Other cereals - 53.78 percent
Tobacco - 101.2 percent
Oil Mills - 17.55 percent
Oilseeds - 38.83 percent
Fruits and vegetables - 25.01 percent
Processed food items - 22.75 percent
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