‘Boost value-addition, export friendly policies, strategies to address challenges’

Ramkumar Menon, Chairman, World Spice Organisation shares, “Indian spice exports are back on track this year at USD 4.4 billion showing an increase in value and volume of exports after a slight dip in the past financial year. However, the Spices Board has set an ambitious target of USD 10 bn for 2030 and USD 30 billion by 2050. It is essential to establish a long-term plan to broaden India’s market share. This can only be achieved by boosting value addition opportunities, establishing export friendly policies and developing strategy to face the challenges from competing origins.”