India taps Latin America, Middle East for agri-exports

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APEDA is extending support to startups, women entrepreneurs, and Farmer Producer Organizations (FPOs/FPCs) by enabling their participation in global events.

Farmers plucking pomegranate (Image credit X APEDA)

Farmers plucking pomegranate (Image credit X APEDA)

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By Our Special Correspondent

New Delhi, March 6: Agricultural and Processed Food Products Export Development Authority (APEDA) has said that it is undertaking various initiatives to promote agricultural exports from India. It added that as part of the strategy there has been a paradigm shift towards expanding the export basket with focused initiative on priority products like fresh fruits, vegetables, processed foods and animal products to reduce the reliance on a few products and to move up the value chain.

The APEDA in a statement said: “With a focus on expanding into key markets such as Europe, Latin America, and Asia, APEDA aims to forge small partnerships with global supermarkets to showcase its products on an international arena. Moreover, the organization is working on to reducing logistical expenses by establishing sea protocols through collaborations with research institutions.”

It also stated that the “strategic initiatives reiterate APEDA’s commitment to boost India’s agricultural exports by enhancing competitiveness and driving sustainable growth”. It added that APEDA’s efforts to promote Shree Anna-Millets resonate with the government’s vision for cultivating a healthier and more diversified food landscape.

“Over the past year, with a particular focus during the International Year of Millets-2023, APEDA has diligently worked towards the development and integration of a wide array of value-added products under the Shree Anna brand,” said the APEDA in a statement.

It also stated that the strategic initiative has led to the creation and mainstreaming of various value-added products, including pasta, noodles, breakfast cereals, ice cream, biscuits, energy bars, and snacks, among others. “By diversifying the Shree Anna product line, APEDA has not only infused innovation but has also seamlessly connected these products to the export value chain,” added the statement.

During April-November 2023, APEDA facilitated exports to major markets like Iraq, Vietnam, Saudi Arabia, and the UK experienced substantial growth compared to the previous year. Surging by 110 per cent, 46 per cent, 18 per cent, and 47 per cent, respectively.

As part of its goal to foster inclusivity, APEDA is extending support to startups, women entrepreneurs, and Farmer Producer Organizations (FPOs/FPCs) by enabling their participation in global events. “In response to feedback from exporters, APEDA is spearheading the initiation of participation in new fairs across emerging markets such as Turkey, South Korea, Kenya, South Africa, and Japan. This proactive approach aims to facilitate greater market access and foster sustainable growth opportunities for Indian exporters,” added the statement.

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