Spice industry will export 10 billion dollars

Union Commerce and Industry Minister Piyush Goyal on Saturday said the spice industry needs to explore new markets as well as strengthen existing markets and focus on products to reach the export target of $10 billion by 2030. need work.
A new market is needed to export $10 billion by 2030.
The spice industry needs new markets to reach its export target of $10 billion by 2030. There is a need to strengthen existing markets and focus on more products and work together. The total export of spices is four billion dollars. We should focus on value added products instead of exporting raw spices. We must create more markets by exploring new markets and strengthening existing markets. We should consider setting up factories for value-added products to take the export of the spice sector to $10 billion by 2030.
Total spice export in the market is worth 4 billion dollars
Referring to the increase in consumption of turmeric during the Corona period, Piyush Goyal said that if we want to develop value-added products, then we will have to pay our full attention to turmeric. In such a situation, the export of turmeric alone has the potential to reach 2 billion dollars. It also suggested keeping the Bharat name as a brand or certification representing high quality and premium spice products. Along with this, Goyal said that more than 3.5 crore people of Indian origin living abroad can add a lot of value to the spice business. “Indian tourists living abroad can help increase the consumption of spices in other communities,” he said. They can become your brand ambassadors and help the industry expand its market internationally.”