Exports of Apeda products basket registers 23.8 pc growth in FY21

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  • Exports of Apeda products basket registers 23.8 pc growth in FY21

According to the latest data, exports of Apeda products basket registered a 23.8 per cent growth at $19.97 billion (Rs 1,47,814 crore) during 2020-21 as against $16.13 billion during 2019-20, said Mr M. Angamuthu, Chairman of Agricultural and Processed Food Products Export Development Authority (Apeda). While the non-basmati rice segment more than doubled to a value of $4.8 billion, even higher than basmati, there was a drop of 7 per cent to $4 billion in shipments of aromatic varieties in value terms. Given Apedas continuous export promotion activities and follow-up with exporters, trade associations, various ministries/departments of the Centre and states, and Indian high commissions/embassies abroad, there are good prospects for further growth inexports of at least 10-15 per cent in the current fiscal, he added, said a report.