Notwithstanding challenges faced by the Covid-19 pandemic, India’s export of processed food products has witnessed an increase of 26.51% in the Rupee term during April-February (2020-21)
Notwithstanding challenges faced by the Covid-19 pandemic, India’s export of processed food products has witnessed an increase of 26.51% in the Rupee term during April-February (2020-21), compared to the same period during the previous year (2019-20).
The total value of export of processed products was Rs. 43,798 crores during April-February 2021 as per the quick estimates.
Major processed food products exported from India include pulses, processed vegetables, processed fruits and juices, groundnuts, guar gum, cereals preparations, milled products, alcoholic beverages, and oil meals.
Value-added products such as processed vegetables, alcoholic beverages, and milled products have witnessed a robust growth of more than 40% in April-Feb (2020-21) compared to the same period in the previous fiscal (2019-20).
The export of miscellaneous processed items, including Indian snacks, sauces, starch products, vegetable flours, malt products etc. and pulses, grew by 36% and 33%, respectively, in the first 11 months of the current financial year (2020-21). Considerable exports growth was achieved for the cereals-based products (18%), processed fruits and juices (12%) and Groundnut (7%). The export of oil meals rose by 96% in the current fiscal (April-Feb).
Despite the Covid 19 pandemic disrupted trade worldwide, the overall growth of 26.51% achieved in the export of processed food products of APEDA scheduled products due to concerted efforts and initiatives taken to facilitate export from India.
According to Dr M. Angamuthu, Chairman, APEDA, increasing exports of processed food products is likely to continue in the next financial year (2021-22). An increase in demand for pulses, processed fruits and vegetables, milled products, cereals preparations and other processed food items is seen especially from Middle East, Far East, USA and UK markets.
