IANS | 30 Dec, 2022
The
exports of agricultural and processed food products rose by 16 percent
in the eight months (April-November) of the current Financial Year
2022-23 in comparison to the corresponding period of FY 2021-22.
According
to the provisional data by the Directorate General of Commercial
Intelligence and Statistics (DGCI&S), the overall export of
Agricultural and Processed Food Products Export Development Authority
(APEDA) products increased by 16 percent growth in terms of USD during
April-November 2022 to USD 17.43 billion from USD 15.07 billion over the
same period of the last fiscal.
The initiatives taken by the APEDA (Agricultural
and Processed Food Products Export Development Authority) that works
under the Ministry of Commerce and Industry have helped the country in
achieving 74 percent of its total export target for the year 2022-23 in eight months of the current fiscal.
For
the year 2022-23, an export target of USD 23.56 billion has been fixed
for the agricultural and processed food products basket and an export of
USD 17.435 billion has already been achieved in eight months of the
current fiscal.
As
per the DGCI&S provisional data, processed fruits and vegetables
recorded a growth of 32.60 percent (April-November 2022), while fresh
fruits registered four percent growth in compare to corresponding months
of the previous year.
Also,
processed food products like cereals and miscellaneous processed items
reported a growth of 28.29 percent in compare to the first eight months
of the previous year.
In
April-November, 2021, fresh fruits were exported to the tune of USD 954
million that increased to USD 991 million in the corresponding months
of the current fiscal. Exports of processed F&V jumped to USD 1310
million in eight months of the current fiscal from USD 988 million in
the corresponding months of the previous year.
The
export of pulses has witnessed an increase of 90.49 percent in eight
months of the current fiscal in compare to the same months of the last
fiscal as the export of lentils increased from USD 206 million
(April-November 2021-22) to USD 392 million (April-November 2022-23).
Basmati
Rice exports witnessed a growth of 39.26 percent in eight months of FY
2022-23 as its export increased from USD 2063 million (April-November
2021) to USD 2873 million (April-November 2022), while the export of
non-Basmati rice registered a growth of 5 percent in eight months of
current fiscal. Non-basmati rice export increased to USD 4109 million in
eight months of the current fiscal from USD 3930 million in the
corresponding months of the previous year.
The
export of poultry products increased by 88.45 percent and the export of
other cereals recorded a growth of 12.90 percent in eight months of the
current fiscal. The export of poultry products rose to USD 82 million
in eight months of the current fiscal from USD 43 million in
corresponding months of the previous year.
Similarly,
dairy products recorded a growth of 33.77 percent as its export rose to
USD 421 million in April-November 2022 from USD 315 million in the
corresponding months of the previous year.
Wheat
export has registered an increase of 29.29 percent in eight months of
the current fiscal as its export rose to USD 1508 million in
April-November 2022 from USD 1166 million in April-November 2021.
Other
cereals’ exports increased from USD 619 million in April-November 2021
to USD 699 million in April-November 2022 and the export of livestock
products increased from USD 2665 million in April-November 2021 to USD
2709 million in April-November 2022.
On
the achievement, M Angamuthu, Chairman, APEDA, said, “We have been
working with all the stakeholders such as farmers, exporters, processors
to ensure that quality agricultural and processed food products are
exported from the country.”
The
rise in the export of agricultural and processed food products is the
outcome of various initiatives taken for the export promotion of
agricultural and processed food products such as organising B2B
exhibitions in different countries, exploring new potential markets
through product-specific and general marketing campaigns by the active
involvement of Indian Embassies.
Several
initiatives were also taken to promote products having registered
geographical indications (GI) in India by organising virtual Buyer
Seller Meets on agricultural and food products with the United Arab
Emirates and on GI products, including handicrafts with the USA.