April 13, 2024


Make Every Business

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

Piyush Goyal, Union Minister of Commerce and Business, has urged the Indian spices marketplace to try to make the spices sector the flag bearers of Indian exports and concentrate on establishing unique Indian spice makes globally.

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

The Minister congratulated the spices farmers and exporters citing “in these hard pandemic instances, the planet took note of the age-outdated and time-analyzed techniques of Ayurveda that included the use of spices in medicinal concoctions and our spices farmers and exporters are worthy of applause for their contributions”.

Goyal formally released the postal stamp to mark the coral jubilee celebrations and also released the weather-centered insurance policy plan for compact cardamom.

Even though launching the coverage plan, the Minister proposed extending related schemes to crops throughout India. While emphasizing on the will need for guaranteeing foods protection and top quality, he identified as for collective initiatives of all the stakeholders to just take the goodness of intrinsic Indian spices these kinds of as Kashmir Saffron, Naga Chilli, Lakadong Turmeric and UP’s Kalonji to worldwide markets.

The Minister appreciated the Spices Board for its proactive interventions although working with all classes of stakeholders, trade marketing and regulatory bodies of importing international locations and inter-governmental businesses which has propelled the Indian spice marketplace to reach $ 4-billion mark.

Later on in a dwell interaction with spice farmers and exporters, the Mminister assured steady help of the Government for more growth of the sector. 

A G Thankappan, Chairman, Spices Board presided above the functionality.

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

Released on

February 27, 2022