Shellac and Forest Products Industry in India
Last Updated: July, 2014
India produces a variety of non-timber forest/ agricultural products (NTFP) and has a global footprint in the export of such produce.
Some of India's noteworthy produce includes:
Key Markets and Export Destinations
India has been recording consistent growth in the export of NTFP over the last five years. It is the largest exporter of guar gum, sesame seeds and shellac, and the second-largest exporter of medicinal plants in the world.
In the period from April 2012 to January 2013, India had exported NTFP products worth US$ 6253 million
In the duration of May to June 2014, India exported Shellac worth US$ 2,197,561. The major importer of Indian shellac is Iraq at 21.3 per cent of the total shellac exports, followed by the US at 13.35 per cent.
Shellac and Forest Products Export Promotion Council (Shefexil)
SHEFEXIL was formerly known as the Shellac Export Promotion Council, which had been working in partnership with the industry since 1957 as the catalysing agency for the long-term development and export promotion of shellac and lac-based products. The objective of the council is to realise the full potential of India’s NTFP exports through collective action, create a global brand for Indian NTFP, etc.
Other Export Promotion Councils:
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.