 "Buffalo meat export expected to swell 50% this year")
India’s buffalo meat export is expected to rise 50 per cent over last year, with Russia opening its market after a decade.
Russian regulator Rosselkhoznadzor announced on Thursday that the country’s veterinary and phytosanitary service, Rosselkhoznadzor, together with Kazakhstan’s agriculture ministry, had included Indian buffalo meat producers on the register of bodies and individuals involved in the production, processing and/or storage of goods transported to the territory of the customs union of Russia, Belarus and Kazakhstan.
“India replaced Vietnam to emerge the world’s largest supplier of buffalo meat in global markets last year. For several years, our buffalo meat exports have been rising by 25-40 per cent annually. This year we would surpass $6 billion,” said Ajai Sahai, director-general of the Federation of Indian Export Organisations. India’s export of buffalo meat was $4.35 bn in 2013-14, a rise of 36 per cent from $3.2 bn in 2012-13.
Until recently, Russia was among a number of countries which had banned import of meat and poultry products from India, due to an earlier occurrence of foot and mouth disease. The others had lifted the ban. Strict quality norms and lack of government initiatives restricted India’s entry into the Russian meat and poultry market.
India exported only $195 million of agri products to Russia in 2013-14. And, despite supplying 60 per cent of the world’s buffalo meat, India was absent from the Russian market. Now, rising inflation due to supply shortage impelled the Russian government to seek alternatives, including India, due to the economic sanctions imposed by America and the European Union.
India exports around $4,500 mn worth of meat and poultry products annually, of which buffalo meat is 95 per cent.
There is speculation that the coming visit of President Vladimir Putin to India would see the opening of more agri product imports from India, as a ban on import of such products from the West started last week.
Russian regulator Rosselkhoznadzor announced on Thursday that the country’s veterinary and phytosanitary service, Rosselkhoznadzor, together with Kazakhstan’s agriculture ministry, had included Indian buffalo meat producers on the register of bodies and individuals involved in the production, processing and/or storage of goods transported to the territory of the customs union of Russia, Belarus and Kazakhstan.
“India replaced Vietnam to emerge the world’s largest supplier of buffalo meat in global markets last year. For several years, our buffalo meat exports have been rising by 25-40 per cent annually. This year we would surpass $6 billion,” said Ajai Sahai, director-general of the Federation of Indian Export Organisations. India’s export of buffalo meat was $4.35 bn in 2013-14, a rise of 36 per cent from $3.2 bn in 2012-13.
Until recently, Russia was among a number of countries which had banned import of meat and poultry products from India, due to an earlier occurrence of foot and mouth disease. The others had lifted the ban. Strict quality norms and lack of government initiatives restricted India’s entry into the Russian meat and poultry market.
India exported only $195 million of agri products to Russia in 2013-14. And, despite supplying 60 per cent of the world’s buffalo meat, India was absent from the Russian market. Now, rising inflation due to supply shortage impelled the Russian government to seek alternatives, including India, due to the economic sanctions imposed by America and the European Union.
India exports around $4,500 mn worth of meat and poultry products annually, of which buffalo meat is 95 per cent.
There is speculation that the coming visit of President Vladimir Putin to India would see the opening of more agri product imports from India, as a ban on import of such products from the West started last week.