In a major boost to export prospects of agricultural produce, India has achieved significant growth of 21.8 per cent in the export of agricultural and processed food products in April-August 2021-22 over the corresponding period of 2020-21.
Quick estimates released by the Directorate General of Commercial Intelligence and Statistics (DGCI&S) showed that total exports of Agricultural and Processed Food Products Export Development Authority (APEDA) products increased from $6,485 million in April-August 2020 to $7,902 million in April-August 2021.
“The huge jump in exports of agricultural and processed food products during the first five months of the current financial year is in continuation of the growth in exports witnessed in the financial year 2020-21. According to the WTO trade map, India is ranked 9th in the world ranking with the total agri-exports of $37 billion in the year 2019,” the Ministry of Commerce and Industry said in a statement on Tuesday.
Comments