Indias spices exports likely to reach a record high in FY2014-15
The Dollar Business Bureau | @TheDollarBiz Strong demand in international markets may help spices exports from India to reach a record high in FY2014-15, the Spices Board of India said during the release of export figures for April – July 2014 this week. According to the Spices Board, India has exported 2,71,280 tonnes of spices and spice products during April – July 2014, which is up about 10.2% from 2,46,060 tonnes exported during the same period last year. In rupee terms, earnings due to spices exports are up about 11% to Rs.4,339 crore (up from Rs. 3,892.72 crore in April – July 2013), while in term of USD, export earnings are up 6% to $721.02 million, up from $682.79 million earned ...
