Processed food, agricultural exports up by 30% in April-July: Commerce Ministry

The value reached US$ 9.6 billion during the April-July period

September 13, 2022

An export target of US$ 23.56 billion has been fixed for the agricultural and processed food industry

Exports of fruits and vegetables increased by 4% in the April-July period

In the first four months of the current fiscal year, dairy products exports saw an increase of 61.91% to US$ 247 million

Basmati rice exports grew by 29.13% and non-basmati rice exports increased by 9.24%

Exports for India’s agricultural and processed food products increased by 30% to US$ 9.6 billion during the April-July period, this year, according to a statement from the Ministry of Commerce. 

The statement said that an export target of US$ 23.56 billion has been fixed for the agricultural and processed food industry. 

On the other hand, the Directorate General of Commercial Intelligence and Statistics (DGCI&S) showed that the exports of fruits and vegetables achieved a 4% increase in the April-July period. In the first four months of the current fiscal year, dairy products exports also saw an increase of 61.91% to reach US$ 247 million. 

During the same period, basmati rice exports grew by 29.13%. It reached US$ 1.56 billion during the April-July period of this year, compared to US$ 1.21 billion for the same period, last year. Non-basmati rice exports, on the other hand, increased by 9.24% to US$ 2.08 billion, this year. 
Source: Economic Times