Agri exports rise 22% to $7.9 billion during April-August

Sustaining the growth development witnessed last calendar year, agri exports less than APEDA’s portfolio grew 22 for each cent through April-August time period of the present money calendar year to $seven,902 million from $six,485 million in the exact same time period last calendar year.

In rupee terms, the exports grew 19.six for each cent at ₹58,478 crore in contrast with ₹48,885 crore in the exact same time period last calendar year. .

This surge in exports is pushed by strong desire for merchandise these types of as rice, cereal preparations, livestock merchandise, contemporary fruits and veggies and cashew among other individuals.

Citing brief estimates released by DGCIS, APEDA in a assertion claimed the rise in exports has been reached notwithstanding the Covid limitations.

Flagship item rice registered a growth thirteen.seven for each cent at $three,820 million ($three,359 million). The crack up and volume details of basmati and non-basmati rice was not accessible.

Clean fruit and vegetable rose six.1 for each cent in value terms to $1,075 million ($1,013 million).

Livestock merchandise which include meat, dairy and poultry registered a 31.1 for each cent enhance at $1,554 million versus $1,185 million in the exact same time period last calendar year.

Shipments of other cereals these types of as wheat and maize registered a 142 for each cent enhance at $379 million ($157 million). Cashew exports registered a 28.5 for each cent enhance at $185 million.

The sizeable spike in agri-exports is viewed as a government’s commitment to enhance farmers profits by offering thrust on boosting exports of agricultural and processed foodstuff merchandise, APEDA claimed.

Surging Trend

(Agri and processed foodstuff exports in $ million)

Source: DGCIS, APEDA

Marketing activities by APEDA

The initiative taken by APEDA, which capabilities less than the Ministry of Commerce, has aided the country reach this milestone at a time when most of the enterprise activities endured a massive setback due to the limitations imposed right after the outbreak of 2nd wave of the Covid pandemic.

Also, the rise in exports is since of APEDA’s different initiatives taken for the export advertising of agri and processed meals merchandise these types of as organising B2B exhibitions in different international locations, exploring new likely markets by item precise and standard promoting campaigns by energetic involvement of Indian Embassies.

APEDA claimed it has taken many initiatives to promote merchandise getting registered geographical indications (GI) in India by organising virtual purchaser-vendor meets on agri and good merchandise with UAE and on GI merchandise which include handicrafts with the US.