July 29, 2015: Indian spice exports
increased by 8 per cent in value terms (rupee) and
9 per cent in volume terms during 2014-15. Total exports of spices and spice
products reached Rs 14,899.68 crore during the year, reaching 893,920 tonnes in
volume terms. This exceeded the target of 755,000 tonnes for Rs 12,304.9 crore for the financial year.
February 17, 2015: Spice exports rose by
12 per cent in volume terms and 9 per cent in value during the first half of the financial year as compared to the corresponding period
the previous financial year. Total exports of spices for the period of April-
September 2014 period stood at 421,570 tonnes, valued at Rs 6,963 crore which
was 56 per cent of the targeted volume and 57 per cent of the
targeted value for 2014-15 according to Spices Board, India.
January 14, 2015: Prices of key spices
including cumin, turmeric and cardamom have increased by 25 per cent since
December 2014, due to lower acreage, high export demand and steady domestic demand. The price of cumin have increased from Rs 12,000 to Rs 16,250 a
quintal, a rise of 35 per cent in two months.
September 25, 2014: Highlighting the
trend of increasing demand of Indian spices in global markets, exports of
spices and spice products registered a growth of 10 per
cent during April-July 2014 as compared to the year-ago period.271,280 tonnes
of spices and spice products were exported during the period against 246,060
tonnes in the year-ago period, according to Spices Board data.
July 31, 2014: Favourable weather
conditions will lead to increased black pepper production in the next season.
The 201415 season which starts from October will
witness better production than the current season.
Chennai, June 25, 2014: An animal study
done by scientists in Chennai have revealed that spices and condiments that are
commonly used in Indian soups, curries and rasam, when
taken in a specific proportion with white lotus petals can lower blood
pressure.
Kochi, March 27, 2014: India has set a
target of $2.3 billion for spice exports for 2013-14. For the nine
month period of April-December 2013, the total volume of spices and spices
products exported was 5,71,680 tonnes, valued at Rs 9,433 crore, a growth of 41
per cent in rupee terms and a 27 per cent growth both in volume and dollar terms.
Kochi, February 18, 2014: The World Spice
Congress was held in Kochi in February 2014. The event was hosted by the Spices
Board and the All India Spices Exporters' Forum. It provided a platform to global thought leaders, grower representatives, policy-defining bodies
as well as leading players from the spice industry and food and beverages
companies. Over 700 delegates from 40 countries participated in the event.
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