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India’s share in world food grains market based on export values stands at 7.79% in 2022
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India’s share in world food grains market based on export values stands at 7.79% in 2022

| @indiablooms | 22 Jul 2023, 01:37 am

New Delhi: India’s share in the world food grains market, based on the exported values in 2022, was 7.79%, the Ministry of Commerce and Industry said.

Exports of foodgrains registered a steady growth in the last few years with India’s share in world foodgrain exports rising from 3.38% in 2010 to 7.79% in 2022 as per UN COMTRADE statistics.

State-specific Action Plans have been prepared and State Level Monitoring Committees (SLMCs), Nodal Agencies for agricultural exports and Cluster Level Committees have been formed in a number of states.

Country and product-specific action plans have also been formulated to promote exports.

The Agricultural & Processed Food Products Export Development Authority (APEDA), a statutory body under the administrative control of Department of Commerce, has been providing financial assistance to the exporters of agricultural and processed food products, including foodgrains, under components such as Development of Export Infrastructure, Quality Development and Market Development under its scheme namely “Agriculture & Processed Food Export Promotion Scheme of APEDA”.

APEDA assists exporters in promoting exports by organising buyer-seller meets (BSMs); participation in international trade fairs and exhibitions; taking up the Sanitary and Phytosanitary (SPS), Technical Barriers to Trade (TBT) and Market Access issues with the importing countries; and regular interactions with the Indian Missions to tap export opportunities in various countries.

Further, Export Promotion Forums (EPFs) for Rice and Nutri-Cereals have been set up under the aegis of APEDA.

The EPFs strive to identify and anticipate developments pertaining to production and exports of these products, reach out to stakeholders across the entire production/ supply chain of exports and make recommendations for necessary policy interventions and other measures to promote exports.

Farmer Producer Organizations (FPO) have been established for the purpose of leveraging collective economies of scale in the production and marketing of agriculture and related products.

This helps lower the average cost of production, hence increasing competitiveness in foreign markets.

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