The Hindu Business Line : Apeda sees export growth at 17 pc

The Agriculture and Processed Food Products' Export Development Authority (Apeda) is expecting to achieve the targeted export growth of 17 per cent during 2005-06. Apeda-monitored products registered 15 per cent export growth in 2004-05, higher than the rest of agri-exports.

"We are yet to receive the actual export figures from the Directorate-General of Commercial Intelligence and Statistics (DGCI&S). However, the trends suggest that the exports of our listed products will reach the targeted growth rate of 17 per cent," the Apeda Chairman, Mr K.S. Money said. He was addressing a meeting with the Bengal National Chamber of Commerce and Industry (BNCCI).

According to him, Apeda controls 47 per cent of the total agri-exports inclusive of plantation and marine in the country. If exports of the plantation sector are excluded from the total exports, Apeda's growth rate in exports would be above 60 per cent.

The major export destination of the authority's listed products are Bangladesh, Saudi Arabia, UAE, Sri Lanka, South Africa, Kuwait, Germany, Philippines and others.

Regarding agri-export initiative in West Bengal, he said Apeda had decided to set up three centres for perishable commodities at Kolkata airport, Haldia seaport and Bagdogra airport in North-Bengal. Of the three, the centre at Kolkata airport were now under implementation.

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