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India's exports of agricultural and processed food products have jumped by 38% to Rs 28,906 crore in
2007-08 fiscal mainly due to a significant jump in shipments of
coarse cereals, according to a latest official data.
The country's agricultural products export was Rs 20,986 crore last year, according to an official of
government's agri-trade promotion body Apeda.
There has been a major rise in exports of coarse cereals like maize, jowar and barley. The exports of
cereals, excluding rice and wheat, have gone up by five-fold to about
Rs 2,979 crore in 2007-08 fiscal compared to Rs 599 crore in
April-March period of 2006-07.
The surge in exports in value terms is significant for India as rupee appreciated last year. The exports in
Indian currency has been calculated taking dollar value at Rs 40.46
for 2007-08 and Rs 45.23 for 2006-07, the Apeda official said.
Non-Basmati rice exports have surged to Rs 7,396 crore from Rs 4,243 crore. In quantity wise, shipments rose
to 53.14 lakh tonnes from 37.02 lakh tonnes in 2006-07 fiscal.
In the basmati category, exports have jumped to Rs 4,334 crore from Rs 2,792 crore. In terms of volume,
exports rose to 11.81 lakh tonnes from 10.45 lakh tonnes in the
review period. Basmati exporters have realised a higher value of Rs
37,000 a tonne in 2007-08 fiscal compared to Rs 27,000 per tonne in
the previous fiscal.
In livestock products category, India's exports rose to Rs 5,062 crore from Rs 4,124 crore because of higher
exports in dairy products, whose shipments went up to Rs 921 crore
from Rs 497 crore in the year-ago period. (Source: Live Mint)
August 21, 2008
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