Fruits & vegetables, cereals, livestock and processed foods witnessed a spike in exports this fiscal of total USD 23.56 billion export target for 2022-23,31.4 percent achieved in first three months. Export of processed fruits & vegetables including pulses up by 59.71 percent to USD 490 million in Q1 of current fiscal in compare to corresponding months of previous year. Basmati Rice exports witnessed a growth of 25.54 percent in the first three months of FY 2022-23
According to the provisional data released by the Directorate General of Commercial Intelligence and Statistics (DGCI&S), the overall export of APEDA products increased to USD 7408 million in April-June 2022 from USD 5663 million over the same period of the last fiscal. The export target for April-June 2022-23 was fixed at USD 5890 million.
The initiatives taken by the Agricultural and Processed Food Products Export Development Authority (APEDA) that works under the Ministry of Commerce and Industry have helped the country in achieving 31 percent of the total export target in the first quarter of the current fiscal.