India emerges as 7th largest exporter of agri-products globally: Commerce Secretary

Jun 12, 2017 15:53 IST

 India emerges as 7th largest agricultural exporter  Commerce Secretary Rita Teaotia, while addressing the 22nd APEDA Export award function in New Delhi on 12 June 2017, said that India has emerged as the 7th largest exporter of agri-products globally.

Teaotia stated that there is a significant increase in the exports of food products from the country and it represents more than 12 percent of total exports.  She noted that the total merchandise exports during 2016-2017 are more than 276 billion dollars out of which agricultural exports comprised nearly 33 billion dollars. She said that Indian food products are majorly exported to countries such as Vietnam, UAE, Saudi Arabia, USA, Iran, Iraq and Nepal.

Further, Teaotia gave the credit of the growth to exporters who even in times of economic slowdown have continued to grow and added that opportunities in newer markets have to be searched for further growth.

The awards function witnessed the presentation of 82 APEDA awards for the year 2014-2015 and 2015-2016. It included 2 Diamond Trophies, 33 Gold, 29 Silver and 18 Bronze awards.

CA eBook

About APEDA

• It is an apex body of the Ministry of Commerce, Government of India, to promote the export of agricultural commodities and processed food products.

• APEDA links Indian exporters to global markets besides providing comprehensive export-oriented services.

• It provides referral services and suggests suitable partners for joint ventures.

• Its export basket ranges from typically Indian ethnic products like pickles, chutneys, sauces to rice, honey, fresh and processed fruits and vegetables, beverages, poultry, livestock products, food grains and other Indian delicacies.

Is this article important for exams ? Yes11 People Agreed

DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

Latest Videos

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK