SME Times is powered by   
Search News
Just in:   • Exports fall by over 9 pc YoY in Nov  • Bharti Airtel arm picks up 4.9% stake more in Bharti Infratel  • Engineering exporters seek easier GST refund rules at BoT meet  • Centre to incubate electronics startups opened in K'taka  • Samsung tops global smartphone production in Q3: Report 
Last updated: 30 Oct, 2020  

Farmer.9.Thmb.jpg 'Value addition of farm produce essential to increase export competitiveness'

Farmer.9.jpg
   Top Stories
» Exports fall by over 9 pc YoY in Nov
» Engineering exporters seek easier GST refund rules at BoT meet
» RBI commences MPC meet on Wednesday
» 'Corporate India gradually reverting to normalcy'
» Manufacturing sector loses growth momentum in November
SME Times News Bureau | 30 Oct, 2020

APEDA Chairman M Angamuthu said that value addition and diversification are essential to increase export competitiveness and farmers' income.  

Addressing a conference organized by FICCI, Angamuthu said that to successfully increase Agri export we must focus on increasing value addition and develop a strategy for diversification. 

"Our farmers must get better farm income by doubling of exports. This is the right time to increase our productivity and diversify to value addition. We are designing specific strategies to improve organic agriculture and value addition in food items," he said.  

Angamuthu further stated that organic farming is the way forward for agriculture in India and the North East leads by example. The increasing trend of organic agricultural produce is on the rise and necessary steps must be taken to promote organic farming and improve our organic identity globally.

"We have a properly designed Agri export policy, which has provisions of incentives for exporters, fund to promote Agri start-ups and encourage first- time exporters," he added.

To realise the Prime Minister's mission to develop ten thousand FPOs, Angamuthu urged business chambers and corporates to work and develop a greater number of Farmer-Producer Organizations and Agri-export entrepreneurs.  

He further mentioned that by serving as a bridge between agriculture and manufacturing and by meeting the basic need of assured supply of healthy and affordable food to all people across the country, the sector has the potential to be a major driver of India's growth in the coming years. 

Sanjay Sacheti, Co-Chairman, FICCI National Agriculture Committee & Country Head & Executive Director, Olam Agro India Pvt Ltd said that considering the sustainable food surplus which India is experiencing, the need of the hour is to aggressively grow our Agri exports so that the agriculture sector continues to grow at a fast pace thereby enhancing farmers' incomes.

For this, we need to develop a robust Agri export strategy which is market oriented and encourages large scale private sector participation in agricultural exports, he said.

T R Kesavan, Chairman, FICCI National Agriculture Committee & Group President, TAFE Ltd said that we need to design a brand India for agriculture that will ensure quality and reliability globally. We also need high connectivity both via the sea and air routes to reduce export costs.

"Improved logistics and strategies to curb losses at pre and post-harvest stage will help generate surplus for exports," he added.  

Nitin Puri, Group President & Global Head, Food & Agribusiness Strategic Advisory & Research, Yes Bank said that as knowledge partner of event, I feel that the larger challenge remains how to build larger, longer-term scalable competitiveness  rather than opportunistic trade that takes place occasionally. 

He mentioned that infrastructure, investment, value addition and enhanced supply chain competitiveness will be the key to double agriculture exports.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 03 Dec, 2020
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(1)
» MSME registration(1)
» MSME schemes - Do you know all of them?(1)
» Biodiesel is the fuel of future: Santosh Verma(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter