Spices exports grew 5% in volume terms during Apr-Dec 2016-17
The Dollar Business Bureau Supported by the huge shipments of cumin, mace, nutmeg and garlic, exports of spices from India recorded a 5% growth in volume in the first six months of the financial year 2016-17 and increased to Rs.8415.97 crore during the given period, witnessing a 7% increase in terms of value. The overall value of spices exports was Rs.7892.65 crore during the same period during the last financial year. Spices export surged to 4,37,360 tonnes during the period April-September 2016, against 4,14,780 tonnes in the corresponding period of FY 2015-16. “Chilli became the most exported spice for the April-September 2016 period with the shipment of 1,65,000 tonnes, fetching Rs.2307.75 crore,” according to a release by Spices Board on Wednesday. The exports of garlic contributed considerably to ...
