India’s agricultural sector has long been a cornerstone of its economy, contributing significantly to both domestic sustenance and international trade. The Agricultural and Processed Food Products Export Development Authority (APEDA) has been instrumental in propelling India’s agri-exports to new heights. From modest beginnings with annual exports of USD 0.6 billion in 1987-88, APEDA’s proactive interventions have elevated agricultural exports to a remarkable USD 26.7 billion in the fiscal year 2022-23.

In the fiscal year 2022-23, India’s total agricultural exports reached USD 53.1 billion, with APEDA contributing a significant 51% of this figure.

This growth underscores the pivotal role of key commodities such as Basmati rice, fresh fruits, vegetables, and processed foods.

Basmati Rice:

India accounts for over 70% of the world’s Basmati rice production.

In the period from April to December 2023, the export value of Basmati rice surged by 19%, reaching USD 3.97 billion compared to USD 3.33 billion in the previous year. The quantity of exports also witnessed a notable growth of 11%, increasing from 3.198 million metric tons to 3.543 million metric tons within the same timeframe. Top destinations for these exports include Iran, Iraq, Saudi Arabia, the USA, and the UAE.

Fruits and Vegetables:

India’s diverse climate ensures the availability of a wide variety of fresh fruits and vegetables year-round. The country ranks second globally in fruits and vegetable production.

In the fiscal year 2022-23, fresh fruits emerged as standout performers, registering a remarkable growth of 29%. The export of processed vegetables also surged by 24% during this period.

Processed Foods:

The food processing sector is one of the largest in India, encompassing a range of products from fruit and vegetable processing to dairy, meat, and poultry. In the fiscal year 2022-23, processed food products like cereals preparations and miscellaneous processed items reported a growth of 24.35% compared to the previous year.

APEDA’s Role in Enhancing Agri-Exports:

APEDA has been pivotal in facilitating the export of agricultural products through various initiatives:

• Quality Assurance: APEDA ensures that export products meet international quality standards by implementing stringent quality control measures and providing necessary certifications.
• Market Development: By participating in international trade fairs and organizing buyer-seller meets, APEDA helps Indian exporters connect with global buyers, expanding their market reach.
• Infrastructure Development: APEDA supports the development of infrastructure such as packhouses, cold storage facilities, and quality testing laboratories to maintain the integrity of perishable products during transit.
• Financial Assistance: Through various schemes, APEDA provides financial assistance to exporters for activities like market development, quality improvement, and research and development.

Partnering with Altus Exports:

While APEDA lays the foundation for international trade, navigating the complexities of global markets requires expertise and strategic partnerships. Altus Exports stands as a bridge between Indian manufacturers and international buyers, offering comprehensive export solutions.

How Altus Exports Can Assist Indian Manufacturers:

• Expertise in Finding Buyers: Altus Exports excels in identifying potential buyers for your products across various international markets. Leveraging a deep understanding of market trends and buyer behavior, they match your products with the right clientele.
• Access to Comprehensive Databases: With subscriptions to numerous databases and information sources, Altus Exports provides up-to-date market intelligence, identifying new opportunities and understanding market dynamics.
• Skilled Marketing Team: A highly trained marketing team utilizes a blend of traditional and digital marketing techniques to raise awareness of your products, generate leads, and convert them into orders.
• Extensive Network: Over the years, Altus Exports has built a vast network of contacts and partners across various industries and regions, including distributors, agents, retailers, and other key stakeholders, facilitating smoother market entry and quicker establishment of your products in new territories.

Partner with Altus Exports:

Altus Exports is continuously seeking to form strategic alliances with manufacturers who share a commitment to excellence and global expansion. Ideal partners possess export-quality products, an aspiration for global footprints, and the necessary documentation and certifications for seamless export operations.

By partnering with Altus Exports, manufacturers can simplify the complex process of exporting and tap into new markets with ease. Altus Exports acts as an extension of your business, becoming your dedicated export team.

To explore a partnership, visit Altus Exports’ Manufacturer Partnership page and provide your details. The team at Altus Exports is eager to connect with you and discuss how they can assist in expanding your products’ reach globally.