India is the king of spices, yet why is it lagging?
India is called the country of spices. Turmeric, chilli, cumin, coriander, cardamom and other spices are grown here in large quantities. But, according to the report of the World Spice Organization (WSO), despite being the largest spice producer in the world, india has only 0.7% share in the global seasoning market.
The World Spice Organization also said that China's share is 12% and America's is 11%, which is much more than India. In such a situation, it is worth thinking that when we grow so many spices, then why are we so far behind in the global market? Are we not paying attention to the quality and packaging of our spices? Are we not able to market our spices properly? Should we focus on processing and selling our spices?
WSO says that to achieve the export target of $10 billion by 2030, India will have to increase spice production, improve their quality and process and sell them.
How much spices do we grow?
According to the IBEF report, spice cultivation has improved in our country in the last few years. More than 1 crore 11 lakh tonnes of spices were grown in 2022-23. At the same time, spices worth $ 3.73 billion (about Rs 30 thousand crores) were sold to other countries.
Which spices sell the most?
In 2021-22, the highest export of chilli was from india, followed by spice oil, mint, cumin and turmeric. The international Organization for Standardization (ISO) has listed 109 varieties of spices. Of these, 75 are grown in India.
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