India Eyes 9% Rise in Edible Exports This Fiscal Despite Us Tariff Headwinds: Govt Sources – CNBC TV18

AMID Global Tariff Pressures and Geopolitical UncertainTies, India is Aiming for A 9% Rise in Edible Product Exports This Fiscal, Government Sources Told CNBC-Tv18.

They noted that inlastic demand for staples like basmati rice and savoury snacks amon the south asian diasprra in western markets, particularly the united states, will help sustain momentum.

High Per Capita Consumption in these Markets is also expected to drive growth in agriculture and processed food shipments.

On 9 July, Commerce and Industry Minister Piyush Goyal Had Said India’s Current Agricultural and Fisheries Exports, Worth ₹ 4.5 Lakh Crore, have the potential to grow to ₹ 20 Lakh Crore through Strongeer Supply Chains, Better Irrigation, and Greater Value Addition.

Also read, India Considers ₹ 25,000 Crore Support for Exporters Over 6 Years Under Export Promotion Mission

He Emphahsized that the presence of Over Four People of Indian Origin Living Abroad Presents An Oportunity to Expand Exports of Pre-Packaged Processed Processed Foods.

The ministry has also underlined the potential in spices, coffee, and millets, where improved processing and branding count lift shipments further.

Encouning the domestic food industry to focus on Technical Standards in Target Markets, The Government has identified “Ready-to-Eat” Foods as a Key Growth Segment for INDAN Exports.