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Indian spices exports up 8% in value terms in 2014-15

15 Jun 2015 Evaluate

Indian spices exports have risen 8% in value terms in 2014-15 fiscal to reach close to Rs 15,000 crore. A total of 8,93,920 tonnes of spices and spice products valued at Rs.14,899.68 crore ($2432.85 million) were exported during the year. This represented 9 % increase in volume and 8% in rupee terms and 7% in dollar terms in value as compared with 8,17,250 tonnes valued at Rs.13,735.39 crore ($ 2267.67 million) in 2013-14

The total export of spices exceeded the target of 7,55,000 tonnes valued at Rs 12,304.90 crore ($2000 million) in terms of both volume and value for the financial year 2014-15.