Spices Board urges exporters to use GI details
The Dollar Business Bureau In order to make sure the authenticity of Indian spices, the Spices Board is taking deliberate steps to provide them with the status of Geographical Indication (GI). The board is requesting the exporters to mention the GI tag before shipping the spices to prevent international exporters from taking advantage of the ‘Indian Spices’ tag, which several have been doing till now. Currently, there are eight varied varieties of Cardamom, Ginger, Pepper and Chilli that have got the GI status. The Spices Board, in a circular, has requested the exporters to provide details of GI registration on all the branded spice items shipped from the country. “As a step to make sure Indianness and to supply genuine Indian spices, the spice ...
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 ...
