Saturday, January 28, 2023
No Result
View All Result
  • Home
  • Recent
  • Business
  • Economy
  • Investing
  • Markets
  • Personal Finance
  • Retirement
  • Tech
  • Startups
  • Insurance
  • Market Research
  • Crypto
  • Home
  • Recent
  • Business
  • Economy
  • Investing
  • Markets
  • Personal Finance
  • Retirement
  • Tech
  • Startups
  • Insurance
  • Market Research
  • Crypto
No Result
View All Result
Home Latest updates

Telangana’s spice exports up at $200 million

Updates Finance by Updates Finance
July 11, 2022
in Latest updates
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

‘Tiger ka toh main bhi fan hoon’: Shah Rukh Khan calls Salman Khan GOAT

UK’s FCA hints at why it’s only given 15% of crypto firms the regulatory nod By Cointelegraph

S&P 500 ends earnings-heavy week more than 2% higher ahead of Fed meeting

Telangana, the largest producer of turmeric and the second-largest producer of chillies in India, exported spices worth around $200 million in the 2020-21 financial year, witnessing a CAGR (compound annual growth rate) of 37 per cent over the last five years.

Though the State produces 30 per cent of the country’s turmeric production, it hardly contributes to its exports. It were chillies that drove exports from the State, according to Drip Capital, Inc., a global trade finance company.

As the terrains of Telangana and Andhra Pradesh are highly suitable for chilli production, the two States accounted for over 60 per cent of the country’s chilli exports in in 2020-21. “Given that Covid-19 has fuelled a new wave of appreciation for ayurveda and ethnic Indian food, the demand for convenience, and the desire of people to experiment with different flavours, Telangana spice exporters can leverage opportunities from these emerging trends to make their mark in the export market,” Pushkar Mukewar, Chief Executive Officer and Founder of Drip Capital, said.

“Considering the medicinal value of turmeric and the global preferences of beverages like turmeric latte as immunity boosters, Telangana’s turmeric exporters need to stay updated on market developments and innovate their products,” he said.

This, he said, would help strengthen ‘Brand India’ globally and allow spice traders to better cater to international markets.

Trade sources said turmeric production fell by nearly one lakh tonnes last year to 11 lakh tonnes, owing to lower production in States like Telangana, Tamil Nadu and Karnataka.

Published on

July 11, 2022



Source link

Tags: exportsMillionspiceTelanganas
Share30Tweet19
Updates Finance

Updates Finance

Recommended For You

‘Tiger ka toh main bhi fan hoon’: Shah Rukh Khan calls Salman Khan GOAT

by Updates Finance
January 28, 2023
0

It's time for another round of Ask SRK session. Instead of promoting Pathaan through media appearances, the actor engaged fans directly through his Ask SRK sessions on Twitter....

Read more

UK’s FCA hints at why it’s only given 15% of crypto firms the regulatory nod By Cointelegraph

by Updates Finance
January 28, 2023
0

Despite the plans to turn the region into a bustling crypto hub, the United Kingdom’s financial watchdog says it has given the all-clear to only 41 out of...

Read more

S&P 500 ends earnings-heavy week more than 2% higher ahead of Fed meeting

by Updates Finance
January 28, 2023
0

The S&P 500 (SP500) on Friday advanced 2.47% for the week to close at 4,070.56 points, while its accompanying SPDR S&P 500 Trust ETF (NYSEARCA:SPY) added 2.48%. The...

Read more

An Unstoppable Stock Market Is About to Meet the Immovable Fed

by Updates Finance
January 28, 2023
0

Text size The central bank can’t be happy with the easing of financial conditions that occurs anytime the stock market rallies. Michael Nagle/Bloomberg The stock market has acted...

Read more

Beijing’s new infrastructure binds Hong Kong to mainland

by Updates Finance
January 27, 2023
0

A boom in infrastructure projects linking Hong Kong to the surrounding Pearl River estuary is blurring the already hazy border separating the former British colony from mainland China.Beijing,...

Read more
Next Post

Intel Stock: CHIPS Act Passage Is Only A Matter Of Time

Related News

Time Management: The One Habit All Successful Entrepreneurs Learn to Master

September 9, 2022

The 2022 tax brackets in Canada, based on annual income and broken down by province, too

November 16, 2022

Novavax cuts full-year revenue forecast again amid weak demand By Reuters

November 8, 2022

Browse by Category

  • Business
  • Cryptocurrency
  • Economy
  • Insurance
  • Investing
  • Latest updates
  • Market Research
  • Markets
  • Personal Finance
  • Retirement
  • Startups
  • Technology

Get the latest Financial news on updatesfinance.com. Business news, Economy news, Investing news, Personal Finance and more.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Insurance
  • Investing
  • Latest updates
  • Market Research
  • Markets
  • Personal Finance
  • Retirement
  • Startups
  • Technology

Recent News

  • ‘Tiger ka toh main bhi fan hoon’: Shah Rukh Khan calls Salman Khan GOAT
  • What is the Stochastic Oscillator? – Analytics & Forecasts – 28 January 2023

Copyright © 2022 - Updates Finance..

No Result
View All Result
  • Home
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Updates Finance..

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?