Indian grape exporters frustrated by weak European market

With the European market fearing a recession, exports of Indian grapes have started with some reservations. While most Indian grapes go to West Asia and Bangladesh, the European market pays a higher price. However, on January 25, only 157 containers of grapes left India for Europe. Exporters and growers are now cautious. Given the long dry spell and the absence of unplanned rains and hailstorms in the grape growing areas of Nashik, Ahmednagar, Pune and some parts of Marathwada, growers in Maharashtra have reported good quality and quantity of their harvest. But given the slow pace of exports, fears of a price fall are now looming. So far this year, only ...