US and EU are major buyers as Indian products meet compliance norms

Exports of Indian organic products record $1.04 bln last fiscal

Export of organic products from India grew 51 per cent to a record $1.04 billion in dollar terms during the 2020-21 fiscal compared with the previous fiscal. Since 2002-03, organic products exports have increased by 80 times, from $13 million to $1.04 billion.

“Exports during 2019-20 were affected by the Covid pandemic. Until then, exports of organic products witnessed a growth exceeding 25 per cent annually since 2016-17,” said M. Angamuthu, Chairman, Agricultural and Processed Food Products Export Development Authority (Apeda).

“Between 2016-17 and 2018-19, organic products exports increased by 25 per cent, 40 per cent and 47 per cent, respectively,” the Apeda Chairman said. The authority functions as the secretariat for the National Programme for Organic Production (NPOP) that is implemented under the supervision of the Ministry of Commerce.

Compliance with trade rules
A major reason for organic products exports’ rapid growth is because India has been able to demonstrate that it can meet the necessary compliance at each level of handling of the product and consistent supply, while contributing to the ecosystem’s sustainability.

Source: thehindubusinessline.com


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