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India has the potential to increase exports of organic products up to Rs 20,000 crore in the next three years, Commerce and Industry Minister Piyush Goyal said on Thursday. He said this while releasing the eighth edition of National Programme for Organic Production (NPOP) with new regulations aimed at enhancing clarity and transparency in organic product standards as well as aligning with global standards. "Currently, our organic product exports are at Rs 5,000-6,000 crore. In the next three years, we can easily achieve Rs 20,000 crore exports, about 3-3.5 times increase from the current level," Goyal said at an event organised in partnership with industry body Ficci. He said the global demand for these products is about Rs 1 lakh crore, which can grow up to Rs 10 lakh crore in the coming years, a unique opportunity India should not miss. India already has one of the largest numbers of farmers in the world undertaking organic farming. He also asked startups to come out with soluti
Commerce and industry minister Piyush Goyal on Friday suggested the industry set a target of exporting organic products worth USD 1 billion by 2030. He said this while addressing an interaction programme with Sikkim Chamber of Commerce and Industry representatives at Gangtok. "He urged to set a target to export USD 1 billion organic product by 2030 from existing USD 1 million organic produce in Sikkim," the ministry said in a statement. He suggested a laboratory for organic testing in the state -- farm-to-lab traceability check. Goyal said that Sikkim has the potential to become a sustainable and organic state. He also informed that the Centre is ready to set up National Institute of Design and National Institute of Packaging Campus in Sikkim if lands are provided by the state government.