According to the Directorate General of Commercial Intelligence and Statistics, Indian exports of agricultural and processed food products rose by 9% to $ 23.1 billion during the first 11 months of the current fiscal (2022-23) compared to the same period last year.
Fresh and processed fruits and vegetables reported export growth of 11% to $ 2.8 billion in April-February 2022-23, on year. The shipment of cereals, preparations and processed food products rose by 16% $ 2.3 billion in the first 11 months of the current fiscal compared to the previous year.
Commerce ministry officials say the rise in the export of agricultural and processed food products has also been due to the government’s initiatives such as organising B2B exhibitions in various countries, tie-ups with global hypermarket chains, exploring new markets through product-specific marketing campaigns by the active involvement of Indian missions.
Source: financialexpress.com