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India FY2013-14 agri exports exceed target but remain below potential

The Dollar Business Bureau | @TheDollarBiz   India’s agriculture exports are dominated by cereals, while value-added agri exports remain low   India’s agricultural products exports have increased to $31.26 billion in FY2013-14 against the target of $22 billion. This comes in the backdrop of the shortfall of India’s overall exports of around $313.5 billion in FY2013-14 against the target of $325 billion. However, India’s agri exports remain much below potential, say experts. India is a top producer of several agricultural products including rice, milk, and fruits and vegetables. While most of it consumed in the domestic market, India wastes significant quantities of agri products due to poor handling and lack of adequate storage facilities. It is estimated that India wastes nearly 18% of ...