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Bumper Output, Easier Access To Trading Nations Led To Surge In Agricultural Exports In 2021-22

Bumper Output, Easier Access To Trading Nations Led To Surge In Agricultural Exports In 2021-22

NDTV
Wednesday, April 20, 2022 04:59:04 PM UTC

Due to affordable prices of these commodities, Indian exports have picked up as demand is huge

India's agricultural exports reached Bradmanesque proportions in 2021-22 as they crossed $50 billion mark as rice, wheat, pulses, cereals, fruits & vegetables as well as meat supplies to other countries rose significantly during the fiscal.

Experts have attributed booming exports to the fact that India mainly trades with countries in the Middle East and Southeast Asia, which are closer and therefore easier to trade with.

In addition to this, the fact that there has been a bumper harvest of the abovementioned commodities in the past two years, has also given the leeway to raise exports.

Also due to affordable prices of these commodities, Indian exports have picked up as demand is huge, market watchers opine.

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