For the first time Pearl Agriculture Ltd, an agricultural products trader, has begun exports of lecithin (soya lecithin) powder feed. The company has already exported products worth about Rs 4 crore and is aiming to generate revenues of about Rs 100 crore in near future from overseas markets. At present, Pearl Agriculture exports lecithin to UK, Italy, Netherlands, Mauritius, Taiwan, Japan, Germany, etc. Lecithin is commercially used as an additive in foods requiring a natural emulsifier or lubricant.
Agricultural export constitutes 10 percent of the country's exports and is the fourth-largest exported principal commodity. According to the Department of Industrial Policy and Promotion (DIPP), the Indian agriculture services and agriculture machinery sectors have cumulatively attracted foreign direct investment (FDI) equity inflow of about $ 2182 million from April 2000 and May 2015.
"Recently, the Ministry of Food Processing Industries took some new initiatives to develop the food processing sector that would enhance the income of farmers and export of agro & processed foods, among others. Hence, export marketing will offer ample opportunities for earning huge profits and valuable foreign exchange for the company," said Pearl Agriculture in a press release.
