Latest News | Processed Food Products Exports Up 26.51 Pc During Apr-Feb 2020-21: Govt Data
Get latest articles and stories on Latest News at LatestLY. India's export of processed food products grew by 26.51 per cent during April-February 2020-21 to Rs 43,798 crore despite the COVID-19 pandemic related challenges, according to official data released on Friday.
New Delhi, Apr 23 (PTI) India's export of processed food products grew by 26.51 per cent during April-February 2020-21 to Rs 43,798 crore despite the COVID-19 pandemic related challenges, according to official data released on Friday.
Major products exported from India include pulses, processed vegetables, processed fruits and juices, groundnuts, guar gum, cereals preparations, milled products, alcoholic beverages and oil meals, the commerce ministry said.
Value added products such as processed vegetables and alcoholic beverages have witnessed a growth of more than 40 per cent in April-February 2020-21.
Agricultural and Processed Food Products Export Development Authority (APEDA) Chairman M Angamuthu said this trend of increasing exports of processed food products is likely to continue in 2021-22.
There is an increase in demand of pulses, processed fruits and vegetables, and cereals preparations in markets like the Middle East, Far East, US and UK.
To promote exports, APEDA took steps such as organising virtual buyer seller meets, product promotion meetings, webinars, promotional activities and extending financial assistance.
The virtual buyer seller meets, it said, have generated interest among global importers.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)