SME Times News Bureau | 21 Mar, 2022
The
export of maize has touched USD 816.31 million in the first ten months
of current fiscal 2021-22 (April-January), already exceeding the USD
634.85 million achieved during the last financial year.
From
an exports realization of USD 142.8 million in 2019-20, the export of
maize increased nearly six fold, taking the total value of shipment to
USD 1593.73 million in the last three years despite logistical
challenges posed by the COVID19 pandemic outbreak.
Neighbouring
countries like Bangladesh and Nepal are the major importers of maize
from India.
Bangladesh has imported maize worth USD 345.5 million in the
current fiscal (April-January), while Nepal has imported maize worth USD 132.16 million during this period.
With initiatives of the Ministry of Commerce & Industry to explore and diversify new markets, Vietnam
has emerged as a major destination for export of maize. India exported
maize worth USD 244.24 million to Vietnam in the first ten months of
current fiscal (April-January 2021-22).
Other prominent importing
countries are Malaysia, Myanmar, Sri Lanka, Bhutan, Taiwan, Oman, etc.
Maize,
which is globally known as the queen of cereals, has emerged as one of
the significant foreign exchange earners under the commodities covered
under the Agricultural and Processed Food Products Export Development
Authority (APEDA) ambit.
“The
significant rise in agri-exports is seen as a testimony of the
government’s commitment to increase farmers’ income through creating
requisite infrastructure and improving value chains on boosting exports
of agricultural and processed food products,” M. Angamuthu,
Chairman, APEDA said.
Maize
is the third most important cereal crop in India after rice and wheat.
The cereal crop is primarily cultivated in the states of Karnataka,
Madhya Pradesh, Kerala, Bihar, Tamil Nadu, Telangana, Maharashtra and
Andhra Pradesh.
Having
highest genetic yield potential among the cereals, maize is one of the
most versatile emerging crops having wider adaptability under varied
agro-climatic conditions.
In
India, maize is grown throughout the year and it is predominantly a
kharif crop with 85 percent of the area under cultivation in the season.
In
addition to staple food for human beings and quality feed for animals,
maize serves as a basic raw material/ingredient to many of industrial
products that includes starch, oil, protein, alcoholic beverages, food
sweeteners, pharmaceutical, cosmetic, film, textile, gum, package and
paper industries etc.
The
rise in export of agricultural and processed food products has been
largely due to the various initiatives taken by APEDA such as organizing
B2B exhibitions in different countries, exploring new potential markets
through product specific and general marketing campaigns by active
involvement of Indian Embassies.