The Spices Board has sought to elevate India’s share of spices and product exports by focusing on buyer-seller meets and other market linkage programs through virtual platforms. As per the Spices Board, the total share of spice exports raised the landmark level of $4 billion in value realization during 2020-21.
D. Sathiyan, Secretary of, Spices Board, said that the Board has been organizing a series of virtual buyer-seller-meets to make sure that there’s no hindrance or gap in the sourcing & supply of spices from the country. It has been aggressively taking a lead in strengthening and promoting the Indian-International spice trade for the larger benefits of the spice community, more so during the pandemic time.
UAE: An Export Destination
UAE is India’s 4th largest export destination for spices. Therefore, the Indian spice sector views Dubai as a leading consumer of spices, but also as a re-export hub, where Indian spices are re-exported to other regions of the world.