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Home Economy

Focusing on creating infra, clusters in collaboration with state govts: APEDA

by Economy India
December 31, 2021
Reading Time: 1 min read
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It has been reported that The Agricultural and Processed Food Products Export Development Authority (APEDA) on Friday said it is focusing on creating infrastructure and clusters in collaboration with state governments to promote outbound shipments. Exports of agricultural and processed food products have risen to $20.6 billion during 2020-21 from $17.3 billion in 2011-12.

“We continue to focus on creating infrastructure for boosting exports by focusing on clusters in collaboration with state governments while taking into consideration the aim of Agriculture Export Policy, 2018,” said M Angamuthu, chairman, APEDA.

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Non-basmati rice contributed close to one-fourth of the total exports in 2020-21, followed by basmati rice and buffalo meat.

Benin, Nepal, Bangladesh, Senegal and Togo were the top importers of non-basmati rice. Major export destinations for basmati rice in 2020-21 were Saudi Arabia, Iran, Iraq, Yemen and the United Arab Emirates, the report said.

For buffalo meat exports, the top importing nations were Hong Kong, Vietnam, Malaysia, Egypt and Indonesia, the report said.

India’s share in the world’s agricultural exports stood at 2.1% in 2019, up from 1.71% in 2010. (Economic Times)

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Tags: AgriculturalAgriculture Export PolicyAPEDAInfrastructureM Angamuthu
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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