The exports of products under APEDA basket grew to $13,261 million in April-November, 2021-22 compared to $11,671 million in April-November, 2020-21
India’s exports of Agricultural and Processed Food products rose by more than 13 per cent in terms of dollar in the first eight months of the current fiscal (April-November, 2021-22) compared to the same period of the previous year.
The export of products under the Agricultural and Processed Food Products Export Development Authority (APEDA) ambit increased from $11,671 million in April-November 2020-21 to $13,261 million in April-November 2021-22.
The target for exports under APEDA basket products has been fixed at $23,713 million in 2021-22.
The export of rice was the top forex earner at $5937 million during April-November 2021-22, growing 11 per cent over the corresponding period in 2020-21 when it touched USD 5,341 million. Meat, dairy and poultry products exports grew 12 per cent standing at USD 2665 million in April-November 2021-22 compared to $2371 million in the corresponding eight-month period of 2020-21. Fruits and vegetables exports were up by 12 per cent to touch $1720 million during April-November 2021-22 against $1536 million in April-November 2020-21.
Exports of cereal preparations and miscellaneous processed items grew by 26 per cent during April-November 2021-22 to touch $1418 million against $1127 million in April-November, 2020-21. The cashew exports also grew by 29 per cent to $302 million in the first eight months of the current fiscal compared to the same period the previous year.
The exports of oil meals declined by 12 per cent to $626 million in April-November, 2021-22, compared to the same period in 2020-21. The significant rise in agri-exports is seen as a testimony of the government’s commitment to increase farmers’ income through giving thrust on boosting exports of agricultural and processed food products of the country.
“We continue to focus on creating infrastructure for boosting exports by focusing on clusters in collaboration with state governments while taking into consideration the objective of Agriculture Export Policy, 2018,” Dr M Angamuthu, Chairman, APEDA, said.