Spices export jump to over Rs 2k cr in Apr- Jul, 2010
Export of spices in April-July period this fiscal increased by 17 per cent to over Rs 2,084 crore over the same period last year
By PTI |
NEW DELHI: Export of spices in April-July period this fiscal increased by 17 per cent to over Rs 2,084 crore over the same period last year but in volume terms the growth was just over 12 per cent, mainly on spurt in garlic and ginger shipments.
Total shipments of spices in April-July 2010 was 193,875 tonnes as against 172,510 tonnes compared to the year ago period, according to the Spices Board data.
In value terms, the spices export from the country jumped 17.4 per cent to Rs 2,084.96 crore during the period as compare to Rs 1,775.38 crore in the same period last year.
The surge in spices exports were mainly driven by a whopping 12 fold increase in garlic shipment to 10,975 tonnes during the four months of the current fiscal as against 855 tonnes in the same period last year.
During the period, ginger shipments registered over two-fold growth to 3,025 tonnes as compared to 1,325 tonnes during April-July 2009.
India had exported spices worth Rs 5,560.5 crore in the 2009-10, up five per cent over the previous fiscal. In volume terms exports were 5.02 lakh tonnes in the last fiscal.
Spices Board Chairman V J Kurien had said earlier that India was targeting exports of 5.25 lakh tonnes of spices, valued at Rs 6,000 crore in the current fiscal.
Total shipments of spices in April-July 2010 was 193,875 tonnes as against 172,510 tonnes compared to the year ago period, according to the Spices Board data.
In value terms, the spices export from the country jumped 17.4 per cent to Rs 2,084.96 crore during the period as compare to Rs 1,775.38 crore in the same period last year.
The surge in spices exports were mainly driven by a whopping 12 fold increase in garlic shipment to 10,975 tonnes during the four months of the current fiscal as against 855 tonnes in the same period last year.
During the period, ginger shipments registered over two-fold growth to 3,025 tonnes as compared to 1,325 tonnes during April-July 2009.
India had exported spices worth Rs 5,560.5 crore in the 2009-10, up five per cent over the previous fiscal. In volume terms exports were 5.02 lakh tonnes in the last fiscal.
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Spices Board Chairman V J Kurien had said earlier that India was targeting exports of 5.25 lakh tonnes of spices, valued at Rs 6,000 crore in the current fiscal.
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