The meeting followed directions from the Ministry of Commerce & Industry to scale up shipments in order to alleviate any global supply chain disruptions in view of the geopolitical situation
Amidst a record surge in wheat exports in the current fiscal, the Agricultural and Processed Food Products Export Development Authority (APEDA) recently organised a meeting of key stakeholders in the value chain for promoting exports to those countries which have a huge shipment potential.
The meeting, held on March 17, 2022, followed directions from the Ministry of Commerce & Industry to scale up shipments in order to alleviate any global supply chain disruptions in view of the geopolitical situation.
The meeting was chaired by APEDA chairman Dr M Angamuthu and had participation of key stakeholders such as traders, exporters, port officials, policy influencers from the Ministries of Food & Consumer Affairs, Railways and officials from various State Governments.
The export of wheat recorded a huge surge at $1742 million during April-January 2021-22, growing 387 per cent over the corresponding period in 2020-21 when it touched $340.17 million.
India has reported a wheat export worth of $2352.22 million in the last three years, including the first ten months of current fiscal 2021-22. In 2019-20, the wheat export was worth $61.84 million which rose to $549.67 million in 2020-21.
India is in final talks to start wheat export to Egypt, while discussions are going on with countries like Turkey, China, Bosnia, Sudan, Nigeria, Iran, etc to start wheat export.
