The country’s agricultural and processed food exports saw a huge jump of 121% during the first two quarters of the current fiscal to Rs. 63,000 crores in comparison to Rs. 28,500 crores during the same period last year. The jump is mainly attributed to the surge in shipment of Guargum (488%) and non-Basmati rice (993%) in the first half of 2012-13.According to the latest data released by the Agricultural and Processed Food Products Export Development Authority (APEDA), Guargum exports stood at Rs. 21,536 crores, which is around 45% of the total agricultural exports.
If the growth in export trend continues, we will cross the Rs.1-lakh crore export mark by the end of the current fiscal, said Mr. Asit Tripathy, Chairman, APEDA.
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