Indian Economy News

Continue to focus creating infra, clusters with state govts: APEDA

  • IBEF
  • January 3, 2022

The Agricultural and Processed Food Products Export Development Authority (APEDA) announced on Friday that it is working with state governments to build infrastructure and clusters to encourage outbound shipments. Agricultural and processed food exports have increased to US$20.6 billion in 2020-21, up from US$17.3 billion in 2011-12.

“We continue to focus on creating infrastructure for boosting exports by focusing on clusters in collaboration with state governments while taking into consideration the aim of Agriculture Export Policy, 2018,” said M Angamuthu, chairman, APEDA.

In 2020-21, non-basmati rice accounted for over a quarter of total exports, followed by basmati rice and buffalo meat.

Benin, Nepal, Bangladesh, Senegal and Togo were the top importers of non-basmati rice. Major export destinations for basmati rice in 2020-21 were Saudi Arabia, Iran, Iraq, Yemen and the United Arab Emirates.

For buffalo meat exports, the top importing nations were Hong Kong, Vietnam, Malaysia, Egypt and Indonesia, APEDA said.

In 2019, India's contribution in global agricultural exports was 2.1%, up from 1.71% in 2010

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.