India’s agricultural exports rose by about 20 p.c to $50.21 billion throughout 2021-22 regardless of logistical challenges posed by the COVID-19 pandemic, the Commerce and Business Ministry stated on Saturday.
Exports of rice have been the highest foreign exchange earner at $9.65 billion amongst agri commodities throughout 2021-22, rising by 9.35 p.c from the earlier 12 months, it stated in a press release.
Wheat exports jumped to $2.2 billion in 2021-22 towards $567 million within the earlier fiscal.
Shipments of dairy merchandise grew by over 96 p.c to $634 million in 2021-22 from $323 million in 2020-21, whereas exports of bovine meat elevated from $3.17 billion in 2020-21 to $3.30 billion in 2021-22.
Export of poultry merchandise rose to $71 million in 2021-22 from $58 million within the earlier 12 months and sheep/goat meat exports have been up by 34 p.c at $60 million in 2021-22.
Main export locations embody Bangladesh, the UAE, Vietnam, the US, Nepal, Malaysia, Saudi Arabia, Indonesia, Iran and Egypt.
“The rise in export of agricultural and processed meals merchandise has been largely because of the numerous initiatives taken by the Centre by way of APEDA reminiscent of organizing B2B exhibitions in several nations, exploring new potential markets by way of product particular and basic advertising and marketing campaigns by energetic involvement of Indian Embassies,” it added.
“Now we have additionally created a product matrix for 50 agricultural merchandise which have good scope for increasing our exports portfolios,” stated M Angamuthu, Chairman, APEDA.
(With PTI inputs)
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Revealed on: Saturday, April 09, 2022, 09:44 PM IST