India Records Nearly 15% Rise In Export Of Agricultural, Processed Food Products In April-October

India Records Nearly 15% Rise In Export Of Agricultural, Processed Food Products In April-October

Rice exports recorded a growth of 10.5 per cent in the first seven month of FY22.

New Delhi: India has registered a significant surge in export of agricultural and processed food products in April-October period of current financial year 2021-22 (FY22), in comparison to the corresponding seven month period of last fiscal (FY21).

According to the Quick Estimates released by the Directorate General of Commercial Intelligence and Statistics (DGCI&S) on Friday, the overall export of Agricultural and Processed Food Products Export Development Authority (APEDA) products witnessed 14.7 per cent growth in terms of US dollar during April-October this year over the same period of last fiscal.

APEDA functions under the Ministry of Commerce.

The overall export of APEDA products increased from $10,157 million to $11,651 million, it added.

Rice exports recorded a growth of 10.5 per cent in the first seven month of FY22.

The exports of fresh fruits and vegetables registered a 11.6 per cent growth; while shipment of processed food products like cereals preparations and miscellaneous processed items reported a growth of 29 per cent.

The country reported a significant 85.4 per cent jump in export of other cereals while the export of meat, dairy and poultry products witnessed an increase 15.6 per cent.

The cashew export witnessed a growth of 29.2 per cent in April-October 2021.

For all the latest business News Click Here 

Read original article here

Denial of responsibility! TechAI is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.