In a strong signal of India’s rising role in global agri-trade, Union Minister of Commerce & Industry, Shri Piyush Goyal, announced that India’s agriculture and fisheries exports have now touched Rs. 4.5 lakh crore ($52.46 billion).
Speaking at the Krishi Vikram thematic session organized by the Indian Chamber of Commerce (ICC) in New Delhi, Goyal emphasized that this number could quadruple to Rs. 20 lakh crore ($233 billion) with focused efforts in food processing, branding, and packaging.
Key Highlights
- India's export basket is diversifying:
Non-traditional agri-products like jamun, litchi, pineapple, and bottle gourd are now making it to international markets.
- New global destinations:
- Jamun recently exported to the UK
- Litchi from Punjab shipped to Doha and Dubai
- Rising market presence:
India’s agri exports are gaining ground in UAE, Saudi Arabia, and other Gulf nations.
- Export growth potential:
With enhanced value addition, packaging, and branding, agri exports can witness a 4x growth in the coming years.
Shri Goyal’s remarks come at a time when India is looking to solidify its position as a global food supplier, particularly to high-demand markets in the Middle East and Europe. The export of traditionally local produce like jamun and litchi marks a significant shift in India’s agribusiness strategy.