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Commodity Mid Session News

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(10 Jul 2025, 11:03)

Commodities Buzz: Agri exports have potential to hit Rs 20 lakh crore says Piyush Goyal


Union Minister of Commerce and Industry Shri Piyush Goyal said that India’s agriculture and fisheries exports have now reached ₹4.5 lakh crore. He added that agricultural exports have the potential to grow to ₹20 lakh crore, provided the country strengthens food processing and improves the quality of branding and packaging. Goyal shared that India’s agricultural export basket is expanding with new items such as litchi, pineapple, bottle gourd, and jamun—products which were not traditionally exported—now reaching international markets. He added that India’s footprint in global markets such as the UAE, Saudi Arabia, and other Gulf nations is steadily growing. He also underlined the need to build a resilient supply chain across agriculture, from seeds to fertilisers, insecticides, pesticides, and equipment such as water pumps. He said that India must be prepared for any global disruption in agricultural imports and ensure self-reliance across all aspects of farm inputs.

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