India looks for wider Chinese market access to arrest falling farm exports

After peaking in FY14, agro exports saw a sharp fall lead by guar gum, buffalo meat, cotton and oil meal

India is looking for greater access to the Chinese market as it seeks to arrest the fall in farm commodity exports.

After hitting a record of $43.2 billion in 2013-14, India's exports of agricultural produce began declining gradually due to lack of innovation and competitiveness and the sustained increase in minimum support prices (MSP). Consistently falling prices, changing preferences and domestic policies have also contributed to fall in major items such as buffalo meat, guar gum and oil meal. The silver lining is in seafood, which has had very good growth the past few years.

Both countries have discussed the