Financial Daily from THE HINDU group of publications
Friday, Sep 16, 2005

Port Info

Group Sites

Agri-Biz & Commodities - Spices & Condiments
Industry & Economy - Exports & Imports

Call to raise spice output to retain export share

Our Bureau

Mumbai , Sept. 15

WITH consumption in the country rising and no production increases in sight, Indian spices may soon lose the battle for global market share, according to Mr Kirandeep Singh Swani, Chairman of Indian Spice and Foodstuff Exporters Association.

Addressing the annual meeting of members who are essentially exporters of spices and food products, Mr Swani said the Government and the Spices Board would have to move quickly to raise domestic production of various spices if India wished to continue to be a leading exporter.

Suggesting that India could be going the China way, the speaker pointed out that China, which used to export earlier, was not any more a serious exporter of many spices and even sesameseed. Rising prosperity results in large increases in domestic consumption, he asserted.

Commending the role of the Spices Board in bringing in new control measures for export of chillies and products and for investing in top quality testing equipments, Mr Swani pointed out that not a single case of the Sudan dye contamination was reported in recent times. It is believed that a similar control on turmeric may be coming soon.

With a production base of 27 lakh tonnes covering 50 different types of spices, India exports 8-10 per cent of its output to 150 different countries.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Banknet India Tata Safari Dicor

Stories in this Section
Big players still keep off crude futures — `Volumes offered not big enough'

Apeda's basmati DNA testing facility by Nov — CDFD, Hyderabad to manage the service for exporters
Fruit Growers' Association bags Palani contract
NCDEX makes delivery compulsory for sugar
Kothari Sugars settles dues through restructure package
Tantea bags `largest tea seller' award
Restructuring plans fuel rally in Assam Co
Spot gold may correct lower
Alisagar scheme gets eco-clearance
Sales beyond Gujarat shore up Amul's fortunes
Tata Coffee sees record output next season
Call to raise spice output to retain export share
Heavy arrivals peg cardamom lower

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line