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

Piyush Goyal, Union Minister of Commerce and Industry, has urged the Indian spices market to strive to make the spices sector the flag bearers of Indian exports and concentrate on building unique Indian spice brand names globally.

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

The Minister congratulated the spices farmers and exporters citing “in these hard pandemic moments, the globe took note of the age-old and time-examined techniques of Ayurveda that included the use of spices in medicinal concoctions and our spices farmers and exporters have earned applause for their contributions”.

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

While launching the insurance coverage scheme, the Minister instructed extending comparable strategies to crops across India. While emphasizing on the want for making certain food stuff basic safety and good quality, he named for collective initiatives of all the stakeholders to take the goodness of intrinsic Indian spices this sort of as Kashmir Saffron, Naga Chilli, Lakadong Turmeric and UP’s Kalonji to worldwide marketplaces.

The Minister appreciated the Spices Board for its proactive interventions even though operating with all classes of stakeholders, trade advertising and regulatory bodies of importing countries and inter-governmental companies which has propelled the Indian spice market to access $ 4-billion mark.

Later in a live conversation with spice farmers and exporters, the Mminister assured ongoing aid of the Governing administration for more growth of the sector. 

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

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

Released on

February 27, 2022