Tridge summary
The Indian government is sending delegations to several countries to boost onion exports, including to Malaysia, Indonesia, the Philippines, Germany, the UK, Qatar, Kuwait, Iraq, the Seychelles and Mauritius, in an effort to build contacts with trade authorities and increase exports. This comes as India has seen a significant increase in onion exports in the first three quarters of the current fiscal year, reaching a record $495.7 million (1.7 million tons) and a 16% increase from the previous fiscal year. The largest recipients of these exports have been Bangladesh, Malaysia, Sri Lanka, and Nepal.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In an effort to boost onion exports, the Indian government has decided to send delegations to several countries, including Malaysia, Indonesia, the Philippines, Germany, the United Kingdom, Qatar, Kuwait, Iraq, the Seychelles and Mauritius. The Agricultural and Processed Food Products Export Development Authority will work with the Indian missions to establish contacts with the trade authorities of the countries that could source onions from India. According to sources, a sharp fall in onion prices due to the large harvest has led to emergency sales by the growers, especially in Maharashtra, the largest supplier of onions. India exported a record $495.7 million worth of onions (1.7 million tons) in the first three quarters of the current fiscal year (2022-23), 16% ...
Source: AGF
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