Expands export basket to 205 countries
Agricultural Products Export Development Authority (APEDA) celebrated its 36th Foundation Day today. APEDA actively supported the Government in taking the export of agricultural products to $20.67 billion in 2020-21 from $0.6 billion in 1986 when it was founded. APEDA also helped expand the export basket to 205 countries.
The share of APEDA exports ($20.67 billion) constituted 49 per cent of overall agri- product exports in 2020-21 out of which, Cereals and fresh horticulture comprised 59 per cent, Cereal preparations and miscellaneous processed items 23 per cent and animal products 18 per cent.
The target given to APEDA in the current financial year (2021-22) is $ 23.7 billion, out of which more than 70 per cent i.e. $17.20 billion has been achieved till January 2022, and the remaining target is expected to be completed within the stipulated time period.
“Notwithstanding several logistical challenges faced in the global trade of commodities, India’s agricultural and processed food exports have grown at a steady pace in the last decade,” Dr M.Angamuthu, Chairman, APEDA said on the occasion.
“The visionary approach, aggressive and consistent efforts of APEDA have enabled India to position itself as a consistent and quality supplier of agri products,” Dr Angamuthu added.
