Millets: APEDA of India plans to double its footprint in 100 countries

Published 2022년 2월 3일

Tridge summary

India's agri export promotion body, APEDA, is planning to expand millet exports to 100 countries by 2025, in recognition of the 2023 International Year of Millets. Currently, India exports millets to around 190 countries, with Nepal, the United Arab Emirates, and Saudi Arabia being the main recipients. The global millets market is projected to grow to over $12 billion by 2025. APEDA is also working on strategies to increase agricultural product exports to countries beyond the top ten buyers. The Union budget for 2022 also includes support for post-harvest value addition, increasing domestic consumption, and branding millet products nationally and internationally.

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Original content

Since 2023 has been designated as the International Year of Millets, India's agri export promotion body, APEDA, plans to increase the country's export footprint from 50 to 100 countries in the next two years. Furthermore, it is developing strategies to increase overall agricultural product exports to countries other than top buyers. "Right now, our products are exported to approximately 190 countries, up from approximately 150 countries a decade ago." "The challenge is to increase volume in countries other than the top ten while maintaining growth in major purchasing countries," said M Angamuthu, chairman of the Agricultural and Processed Food Products Export Development Authority (APEDA). The global millets market is expected to grow to more than $12 billion by 2025, up from $9 billion today. Despite India's 41% share of millet production, with an annual output of around 12 million tonnes (mt), the country's exports were 87,558 tonnes in 2020-21, up 16.32% from 75,274 tonnes the ...

Source: Krishi Jagran