Continuing the previous year’s pattern, agricultural and processed food exports increased by 14% in the first three months of the current Fiscal Year 2022-23 (April-June) compared to the same time in FY 2021-22. Under APEDA, the government established an export target of US$ 23.56 billion for the agricultural and processed food products basket for the fiscal year 2022-23.
The Ministry of Commerce and Industry’s measures have assisted the country in meeting 25% of its entire annual export target in the first three months of the current fiscal year.
According to the Directorate General of Commercial Intelligence and Statistics (DGCI&S) Quick Estimates data, the overall export of products under the Agricultural and Processed Food Products Export Development Authority (APEDA) increased to US$ 5,987 million in April-June 2022 from US$ 5,256 million in the previous fiscal period.
The aim for April-June 2022-23 exports was US$ 5,890 million. Tea, coffee, spices, cotton, and marine exports are not included in the APEDA basket.
The increase in agricultural and processed food product exports is the result of the government’s various initiatives for agricultural and processed food product export promotion, such as organising B2B exhibitions in different countries and exploring new potential markets through product-specific and general marketing campaigns with the active participation of Indian embassies.
The government has also taken many measures to promote items with registered geographical indications (GI) in India, including virtual Buyer Seller Meets on agricultural and food products with the UAE and GI products, including handicrafts, with the United States.
Continuing the previous year’s pattern, agricultural and processed food exports increased by 14% in the first three months of the current Fiscal Year 2022-23 (April-June) compared to the same time in FY 2021-22. Under APEDA, the government established an export target of US$ 23.56 billion for the agricultural and processed food products basket for the fiscal year 2022-23.
The Ministry of Commerce and Industry’s measures have assisted the country in meeting 25% of its entire annual export target in the first three months of the current fiscal year.
According to the Directorate General of Commercial Intelligence and Statistics (DGCI&S) Quick Estimates data, the overall export of products under the Agricultural and Processed Food Products Export Development Authority (APEDA) increased to US$ 5,987 million in April-June 2022 from US$ 5,256 million in the previous fiscal period.
The aim for April-June 2022-23 exports was US$ 5,890 million. Tea, coffee, spices, cotton, and marine exports are not included in the APEDA basket.
The increase in agricultural and processed food product exports is the result of the government’s various initiatives for agricultural and processed food product export promotion, such as organising B2B exhibitions in different countries and exploring new potential markets through product-specific and general marketing campaigns with the active participation of Indian embassies.
The government has also taken many measures to promote items with registered geographical indications (GI) in India, including virtual Buyer Seller Meets on agricultural and food products with the UAE and GI products, including handicrafts, with the United States.
The government has recognised 220 laboratories across India to provide testing services to a wide range of products and exporters in order to enable smooth quality certification of items to be exported.
The government has recognised 220 laboratories across India to provide testing services to a wide range of products and exporters in order to enable smooth quality certification of items to be exported.
