December 7, 2022

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Spices industry holds the key to steer India’s agri exports: Goyal

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Piyush Goyal, Union Minister of Commerce and Marketplace, has urged the Indian spices sector to strive to make the spices sector the flag bearers of Indian exports and concentration on acquiring unique Indian spice manufacturers globally.

He was inaugurating the coral jubilee celebrations of the Spices Board via a hybrid assembly.

The Minister congratulated the spices farmers and exporters citing “in these complicated pandemic times, the environment took note of the age-old and time-tested tactics of Ayurveda that concerned the use of spices in medicinal concoctions and our spices farmers and exporters ought to have applause for their contributions”.

Goyal formally launched the postal stamp to mark the coral jubilee celebrations and also launched the weather conditions-centered coverage scheme for small cardamom.

Whilst launching the insurance plan scheme, the Minister instructed extending similar schemes to crops throughout India. While emphasizing on the will need for making sure foodstuff basic safety and quality, he termed for collective endeavours of all the stakeholders to take the goodness of intrinsic Indian spices this kind of as Kashmir Saffron, Naga Chilli, Lakadong Turmeric and UP’s Kalonji to international markets.

The Minister appreciated the Spices Board for its proactive interventions though performing with all categories of stakeholders, trade marketing and regulatory bodies of importing countries and inter-governmental corporations which has propelled the Indian spice business to achieve $ 4-billion mark.

Afterwards in a are living interaction with spice farmers and exporters, the Mminister assured continuous assist of the Govt for even more enhancement of the sector. 

A G Thankappan, Chairman, Spices Board presided around the function.

D Sathiyan, Secretary, Spices Board pointed out that “the coral several years celebration of Spices Board comes at the juncture when spices exports have surpassed $4.18 billion. “I can proudly say that exports of spices have come a long way and have surged to this landmark in 2020-21 from $ 229 million in 1987”.

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February 27, 2022

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