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The Indian Spices’ Sector

  • India is known for its spices not only because of the production quantum and diverse range but also because of their rich aroma, taste and texture.
  • The diverse climatic conditions – from tropical to sub-tropical to
    temperate-almost all spices grow splendidly in India.
  • The area and production of spices has seen a constant increase in
    the last 5 years. Spices have also played a very important role in the
    economy of India.
  • The trade in spices is one of the oldest has been one of the most
    important forms of commerce. Like the trade of silver and gold, spice
    trade connected many different civilizations and helped the growth of
    global contact.
  • Today, Indian spices are the most sought-after globally, given their
    exquisite aroma, texture, taste and medicinal value.
  • The country produces about 75 of the 109 varieties listed by the
    International Organization for Standardization (ISO).

Growth in Exports of Spices from India

  • During 2016-17, a total of 9,47,790 MT of spices and
    spice products valued INR 17,665 crores (USD 2,633
    Mn) was exported from India as against 8,43,255 MT
    valued INR 16,238 crores (USD 2,483 Mn) in 2015-16
    registering an increase of 12% in volume, 9% in rupee
    terms and 6% in dollar terms.
  • As compared to the total export target of spices fixed
    for the period 2016-17, the total export of Spices has
    exceeded the target in terms of both volume and value.
    Compared to the target of 8,70,000 MT valued INR
    15,725 crores (USD 2,419 Mn) for the financial year
    2016-17 the achievement is 109% in terms of volume
    and 112% in rupee and 109% dollar terms of value.

Supporting Data Exhibits

Growing area under Organic certification in India (Wild harvest and farm area)