Processed meals exports up 150% in 9 years: Piyush Goyal

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Indian exports of processed meals grew 150% within the final 9 years, mentioned Piyush Goyal, minister for commerce & business, client affairs, meals & public distribution and textiles, including that the nation’s agricultural exports stood at an mixture of about $53 billion throughout this time.

Praising India’s numerous meals business and the burgeoning demand for Indian meals globally, the minister emphasised on the necessity for large-scale meals processing, product branding and export focus to offer higher worth to farmers, generate employment and improve the nation’s earnings.

India has 158 meals and agri Geographical Indications (GIs) and the identification of 708 distinctive meals objects throughout districts underneath the One District One Product (ODOP) initiative, the minister mentioned, whereas inaugurating the ‘Indus Meals 2024’, an exhibition to showcase India’s vibrant and numerous meals ecosystem on the India Exposition Mart, Better Noida. The minister additionally highlighted India’s financial strengths because the fastest-growing massive economic system, attributing the success to strong macroeconomic foundations and a youthful demographic dividend.

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