India’s agriculture exports this fiscal are expected to reach the last year’s level of USD 53 billion despite restrictions imposed on shipments of certain key commodities, including rice, wheat and sugar, according to a senior government official.
In 2022-23, the country’s agri exports stood at USD 53 billion.”We expect that we would reach that level in spite of USD 4.5 billion-USD 5 billion impact due to the restrictions,” Additional Secretary in the commerce ministry Rajesh Agrawal told reporters here on Thursday.
“In the next three years, we are hoping to increase banana exports to USD 1 billion,” he said. Exports of fruits and vegetables, cereals, meat, dairy and poultry products registered a healthy growth rate during April-November. Rice exports, however, declined 7.65 per cent to USD 6.5 billion during the same period.