India’s exports of agricultural, processed meals merchandise grew by 31% within the first quarter of FY13


India’s processed meals exports grew 31% within the first three months of FY13

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Agricultural and processed meals merchandise exports grew by 31% within the first three months of the present fiscal yr 2022-23 (April-June) as in comparison with the corresponding interval of the earlier fiscal.

In keeping with provisional knowledge launched by the Directorate Common of Industrial Intelligence and Statistics (DGCI&S), whole exports of APEDA merchandise elevated to $7,408 million in April-June 2022 from $5,663 million in the identical interval final fiscal. The export goal for April-June 2022-23 was set at $5,890 million.

An export goal of $23.56 billion has been set by APEDA for the yr 2022-23 for the basket of agricultural and processed meals merchandise.

As per provisional knowledge of DGCI&S, recent vegatables and fruits registered a progress of 4 per cent, whereas processed vegatables and fruits registered a major progress of 59.71 per cent (April-June 2022) over the identical month of the earlier yr.

As well as, processed meals merchandise akin to cereals and miscellaneous processed items registered a progress of 37.66% as in comparison with the primary quarter of the earlier yr.

In April-June, 2021, exports of recent vegatables and fruits stood at $394 million, which elevated to $409 million in the identical month of the present fiscal. Processed F&V exports elevated to $490 million within the first quarter of the present fiscal from $307 million within the corresponding month of the earlier yr.

Basmati rice exports witnessed a progress of 25.54% within the first three months of FY 2022-23, as its exports elevated from $922 million (April-June 2021) to $1157 million (April-June 2022), whereas non-basmati rice Basmati rice was exported. The primary quarter of the present monetary yr registered a progress of 5%. Exports of non-basmati rice elevated to $1566 million within the first three months of the present fiscal from $1491 million within the corresponding month of the earlier yr.

Within the first quarter of the present monetary yr, exports of meat, dairy and poultry merchandise grew by 9.5 per cent and exports of different cereals registered a progress of 29%. Dairy merchandise alone registered a progress of 67.15% as its exports grew to $191 million within the first three months of the present fiscal from $114 million in the identical month final yr.

Exports of different cereals elevated from $237 million in April-June 2021 to $306 million in April-June 2022, and exports of livestock merchandise elevated from $1022 million in April-June 2021 to $1,120 million in April-June 2022.

“We proceed to offer technical and monetary assist to varied stakeholders within the agricultural items worth chain to advertise exports of distinctive merchandise from the nation,” mentioned Dr. APEDA President M. Angamuthu mentioned.

In keeping with DGCI&S knowledge, the nation’s exports of agricultural merchandise grew by 19.92 per cent to $50.21 billion throughout 2021-22. The expansion price is critical because it exceeds the expansion of 17.66 per cent over the $41.87 billion achieved in 2020-21 regardless of unprecedented logistics challenges akin to increased freight charges and container shortages.

APEDA created a brand new historical past by exporting agricultural and processed meals merchandise price $25.6 billion in 2021-22, which was about 51% of India’s whole agricultural commodities exports of over $50 billion.



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