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New Delhi : Export of spices in the April-July period this fiscal increased by 17% to over Rs 2,084 crore over the same period in 2009. In volume terms the growth was just over 12%, mainly on spurt in garlic and ginger shipments.
According to the official data released by the Spices Board of India, total shipments of spices in April-July 2010 were 193,875 tonnes as against 172,510 tonnes compared to the year ago period. In value terms, the spices export from the country jumped 17.4% to Rs 2,084.96 crore during the period as compared to Rs 1,775.38 crore in the same period last year.
The surge in spices exports were mainly driven by a whopping 12 fold increase in garlic shipment to 10,975 tonnes during the four months of the current fiscal as against 855 tonnes in the same period last year.
During the period, ginger shipments registered over two-fold growth to 3,025 tonnes as compared to 1,325 tonnes during April-July 2009.
India had also exported spices worth Rs 5,560.5 crore in 2009-10, up 5% over the previous fiscal. In volume terms exports were 5.02 lakh tonnes in the last fiscal. Spices Board Chairman VJ Kurien said earlier that India was targeting exports of 5.25 lakh tonnes of spices, valued at Rs 6,000 crore in the current fiscal.
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