Exports of processed agri-food products up 14.7% to $ 11.65 billion in April-October, Retail News, ET Retail
New Delhi: Exports of processed agricultural and food products increased 14.7% to $ 11.65 billion in April-October period thanks to healthy growth in commodities including rice and fruits and fresh vegetables, the Commerce Ministry said on Friday. Rice exports increased to $ 5.28 billion in the first seven months of this fiscal year from $ 4.77 billion in April-October 2020, he added.
Likewise, exports of fresh fruits and vegetables reached $ 1.53 billion during the period April-October 2021-22, compared to $ 1.37 billion in April-October 2020-21, he said. indicated.
Outbound shipments of meat, dairy and poultry products increased from USD 1.97 billion in April-October 2020 to USD 2.28 billion in April-October 2021.
Cashew nut exports increased by 29.2 percent during the review period to reach $ 265.27 million.
“We continue to focus on building infrastructure for exports from the eastern, northeastern and hilly states, where infrastructure was previously inadequate,” said Angamuthu, chairman of the ‘APEDA (Authority for the Development of Exports of Agricultural and Processed Food Products).
Measures that have helped boost export growth include promotion of Geographical Indication (GI) label products, virtual meetings between buyers and sellers, recognizing 220 laboratories across India to provide testing services.
In addition, financial assistance programs for infrastructure development, market development, international trade fairs and registration of meat processing plants and slaughterhouses to ensure compliance with global safety requirements and food quality have also helped boost exports.