agri exports: Agri exports prone to attain USD 53 bn this fiscal regardless of curbs on key commodities: Official

In 2022-23, the nation’s agri exports stood at USD 53 billion.

“We count on that we’d attain that stage despite USD 4.5 billion-USD 5 billion affect as a result of restrictions,” Further Secretary within the Commerce Ministry Rajesh Agrawal informed reporters right here on Thursday.

The federal government has prohibited exports of wheat and non-basmati white rice and has imposed curbs on sugar exports.

He mentioned the federal government is selling exports of recent merchandise like bananas and value-added millet merchandise to new international locations.

“Within the subsequent three years, we hope to extend banana exports to USD 1 billion,” he mentioned, including as India has efficiently developed sea protocols for bananas, the train might be executed for extra fruits to spice up the nation’s exports on this section. India is growing sea protocols for numerous recent fruit and veggies like bananas, mangoes, pomegranates and jackfruit to advertise their exports by way of ocean routes. At current, most of those exports are occurring by air route due to decrease volumes and totally different ripening intervals.

The protocol contains understanding voyage time, scientifically understanding the ripening of those commodities, harvesting at a specific time and coaching of farmers. These protocols might be totally different for various fruit and veggies.

Exports of fruit and veggies, cereals, meat, dairy and poultry merchandise registered a wholesome development fee throughout April-November.

Rice exports, nonetheless, declined 7.65 per cent to USD 6.5 billion throughout the identical interval.

New merchandise which are actually being exported from India embrace hog plums and cranberry from Varanasi; coconut Neera from Tirupur; and potato from Aligarh.

“India now provides recent fruits to 111 international locations,” APEDA Chairman Abhishek Dev mentioned.