The government is planning to boost exports of 20 items.
India’s agriculture exports declined 9 per cent between April to February in FY24 to $43.7 billion.
The export has declined due to the Red Sea crisis, the Russia-Ukraine war and domestic restrictions.
The government is planning to boost the export of 20 items, including bananas, mangoes, potatoes, and baby corn.
These items include fresh grapes, guava, pomegranate, watermelon, onion, green chilli, capsicum, okra, garlic, groundnut, and alcoholic beverages.
India’s exports of these items in 2022 were $9.03 billion. These items were exported mainly to the US, Malaysia, Canada, Russia, Germany, France, and Korea.
APEDA is developing a sea protocol to reduce the logistics cost for the export of horticulture produce.
India’s share is about 2.5 per cent in global exports and the government is aiming to take export to 4-5 per cent in the coming years
In the last fiscal, exports of the 719 scheduled agri-products in the APEDA basket declined by 6.85 per cent to 22.4 billion.The exports of basmati rice increased 22 per cent from $4.2 billion in April-February 2022-23.
