India's spice exports expected to reach Rs 10 billion by 2023

India's exports of spices stand at Rs 4 billion and are expected to reach Rs 10 billion by 2030

Sep 21, 2023 - 17:38
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India's spice exports expected to reach Rs 10 billion by 2023
India's spice exports expected to reach Rs 10 billion by 2023

Mumbai. Navi Mumbai: India's exports of spices stand at Rs 4 billion and are expected to reach Rs 10 billion by 2030, Commerce Department Additional Secretary Amardeep Singh Bhatia said while inaugurating the 14th edition of the World Spices Congress.

India is a leading country in the global spice industry. India has traditionally been the spice center of the world. He said that India needs to work on many things in the spice chain from producers to marketers to retain its traditional strength.

It is the joint responsibility of the Government and the Spices Board to implement schemes and programs to facilitate testing laboratories, evaluate quality standards, etc. Bhatia said the three-day event will provide many business opportunities to all stakeholders, delegates, exhibitors and manufacturers.\

Highlighting the potential of the Indian spice industry, Spices Board Secretary D. Sathiyan said that the heritage of spices is part of human culture. India is the major spice center of the world. There is immense potential to explore product development, biotech etc. in India. More than 75 spices are grown in India and each state provides spices. The future of the global spice industry will be discussed at the three-day event of the World Spice Congress.\

The first day of the event began with the inauguration of an exhibition highlighting the diversity of spices and value-added spice products as well as innovative technologies and solutions in the spices industry and D. Sathiyan, Secretary, the Spices Board, gave a view on the Indian spices sector. Started with presentation. The glorious journey of the Indian spice industry, current trends, technology, sustainability and demand for unique blends were highlighted. He expressed optimism about the future regarding the industry's unlimited growth potential in an increasingly diverse world.

The program was followed by a technical session on the country's perspective on the spices industry and global opportunities. Dr. Dr. Sanjay Dave, Former Chairman, of Codex Alimentarius Commission and Former Advisor, Former Chairman, FSSA. The session was presided over by Sanjay Dave. On this occasion, MISEF Chairman Sanjeev Bisht, India Middle East Agri Alliance President Sudhakar Vardhan Singh, Asia Pacific Directorate General of the Ministry of External Affairs, Indonesia Agus P. were present. Mohammad Javad Hosseini, Deputy Chief of Mission at the Embassy of Iran in India, Sapton, was a prominent presence. During the session, it was discussed how opportunities exist for spice-producing countries to increase their exports while focusing on quality, sustainability and traceability to meet international standards.

The second session focused on adapting global supply chain resilience to the growing market requirements for the spice trade, with market research and consumer insights at the core. Agility and responsiveness are critical to success in this emerging spice market.
The session was presided over by Smita Sirohi, Joint Secretary, Ministry of Agriculture and Farmers Welfare, Government of India. Dr. MR Sudarshan, Chairman, CCSCH was the co-chairman. Dr. Sarah McMullen, Canadian High Commissioner to India, Dr. Sarah McMullen, Country Director of USFDA in India, keynote speaker Dr. Mvate Mulenga and First Secretary of the Embassy of Azerbaijan in India, Fakhri Aliyev, shared their views.

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