Turmeric

TMSEp564: Turmeric problem, EVs vs IGL, Prashant Jain, Ozempic effect

How big is India's adulterated turmeric problem? Will EVs eat into IGL's future? What does Prashant Jain think of markets in Samvat 2080? What is the Ozempic effect? All answers here

India holds the title for being the world's largest producer, consumer, and exporter of turmeric

National Turmeric Board to increase awareness and consumption of turmeric and develop new markets internationally to increase exports

He also said the Centre has decided to set up a National Turmeric Board for the benefit of turmeric farmers

Usually, turmeric is grown over 290,000-330,000 hectares of land

Sensing the favourable condition for spice cultivation in the state, the Chhattisgarh government is promoting farmers to pursue the crop as part of a diversification strategy

Finds that even though prices vary between different grades, overall price trend remains more or less same, making the availability of reference price crucial

Mantra Spices brand includes turmeric, chilli, cumin and coriander powders, and a range of blended masalas; firm plans to tap 200,000 outlets by this year end, 500,000 in next three years

Turmeric futures up 1.97% on spot demand

Curcumin has been widely studied in relation to numerous ailments