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Indian exporters have huge opportunities to increase their share in the global agriculture trade from the current 2.4 per cent, a government official said on Wednesday. The global agriculture trade is about USD 2 trillion. Agricultural and Processed Food Products Export Development Authority (APEDA) Chairman Abhishek Dev said that given these numbers, "huge opportunities" are there to increase exports from the country. Despite being the seventh largest agri exporter in the world, "our share is 2.4 per cent in the overall world agri trade and immense possibilities are there to increase this share," he said at the inauguration of Indusfood 2025 at Greater Noida. India's agri export was about USD 50 billion in 2023-24 and this year also, the country is looking at pushing the figure to "new record", he said. Dev added that the overall focus now is to promote exports of value-added goods. Talking about exports of organic products, the chairman said India's share in this segment is abo
The commerce ministry's arm APEDA has facilitated a farmer in Punjab to export 14.3 tonnes of millets and its products worth USD 45,803 to Australia, an official statement said on Tuesday. The shipment includes ready-to-cook millets derived from Kodo millet, Foxtail millet, Little millet, Browntop millet, and Barnyard millet, the commerce ministry said. "A farmer from Sangrur, Mr Dilpreet Singh, has transformed into an exporter, marking his first export consignment of 14.3 metric tonnes of millets, and its products valued at USD 45,803," it said. It also said that India's millet exports have touched USD 45.46 million during April-November this fiscal against USD 75.45 million in 2022-23. "Millets are gaining popularity in the global market. There is a significant increase in the export of cereal preparation, including value-added millet products. APEDA has facilitated around 500 startups in marketing, and exporting millet-based value-added products," it said.
Commerce ministry's arm APEDA has inked a pact with UAE-based global retail major Lulu Hypermarket to promote Indian agri-products in the Gulf countries, an official statement said on Monday. With this memorandum of understanding (MoU), Agricultural and Processed Food Products Export Development Authority (APEDA) would promote Indian agricultural products, including millets across the GCC (Gulf Cooperation Council) member countries as the LuLu Group has its presence across these nations besides in Egypt and the Far East. The Group is the fastest-growing retail chain in the Middle East and Asia. Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are the members of the GCC. "To boost exports of agricultural products to the GCC, the APEDA has signed an MoU with global retail major Lulu Hypermarket LLC," it said. As per the MoU document, the group will promote and showcase a wide range of products in APEDA basket of agricultural and processed food products in thei