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India’s banana exports grew eight-fold in the past nine years

The minister, in a tweet, said that the banana exports jumped 703 per cent in value terms from Rs 26 crore in April-May 2013 to Rs 213 crore in April-May 2022.

India’s banana exports have grown many times in the past nine years, according to Union Minister Piyush Goyal. The minister, in a tweet, said that the banana exports jumped 703 per cent in value terms from Rs 260 mln in April-May 2013 to Rs 2.13 bln in April-May 2022. “India’s banana exports grow eight-fold in nine years during the April-May period. The rising exports benefit our farmers immensely while enhancing India’s agricultural exports earnings,” he said.

India is the world’s leading producer of bananas with a share of around 25 per cent in total output. Around 70 per cent of the country’s banana production takes place in Andhra Pradesh, Gujarat, Tamil Nadu, Maharashtra, Kerala, Uttar Pradesh, Bihar and Madhya Pradesh.

[ Rs 100 = €1.20 ]

Source: businesstoday.in

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