1. Agricultural exports from India: Turnaround in the offing

Agricultural exports from India: Turnaround in the offing

After a sharp fall of 20% last year, India’s farm and processed food exports seem to be witnessing a turnaround, reports Sandip Das in New Delhi.

By: | Published: October 10, 2016 6:24 AM

After a sharp fall of 20% last year, India’s farm and processed food exports seem to be witnessing a turnaround, reports Sandip Das in New Delhi. Though the growth in agricultural goods exports continued to be in the negative territory in the first five months of the current fiscal, the decline has been modest, and analysts say a revival is under way. According to latest data from the Agricultural and Processed Food Products and Export Development Authority (Apeda), exports in April-August FY17 stood at R42,846 crore, 1.2% lower than same period last
year. India’s farm and processed foods exports had fallen to R1.05 lakh crore in FY16 against R1.31 lakh crore reported in FY15.

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