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India targets 9% growth in edible exports this fiscal despite US tariff hurdles: Govt sources

India targets 9% growth in edible exports this fiscal despite US tariff hurdles: Govt sources

Amid global tariff challenges and rising geopolitical uncertainties, India has set an ambitious target of achieving a 9% growth in edible product exports this fiscal, according to government sources. The optimism stems from resilient demand for Indian staples such as basmati rice, savoury snacks, and ready-to-eat foods, which continue to hold strong appeal in global markets particularly among the Indian diaspora in the United States.

Strong diaspora demand fuels growth

Government officials note that the inelastic demand for Indian staples ensures steady shipments despite tariff pressures. The South Asian diaspora, especially in Western markets, maintains a high per capita consumption of Indian food products. This loyal consumer base provides a reliable growth engine for both agricultural exports and processed food shipments.

Minister’s vision for exponential expansion

On 9 July, Commerce and Industry Minister Piyush Goyal highlighted India’s broader potential in the global food trade. He stressed that while the country’s current agricultural and fisheries exports stand at ₹4.5 lakh crore, there is a possibility of scaling this figure up to ₹20 lakh crore through improved supply chains, advanced irrigation techniques, and greater value addition.

He also underlined the role of the 4 crore-strong Indian diaspora, whose growing preference for packaged and branded foods abroad presents a powerful opportunity for Indian exporters.

Rising opportunities in new segments

Beyond staples, the government is eyeing growth in spices, coffee, and millets, which have seen rising global interest thanks to India’s rich heritage in cultivation and processing. Better branding and value addition in these categories could significantly boost shipments.

Moreover, the Commerce Ministry has identified ready-to-eat foods as a key export segment, aligning with global lifestyle trends that favour convenience without compromising on taste and authenticity.

Focus on global standards and competitiveness

To strengthen India’s position in international markets, the government has encouraged the domestic food industry to invest in meeting technical standards and certifications required in target countries. This focus on compliance and quality will not only improve India’s competitiveness but also ensure sustained access to premium markets.

Conclusion

Despite facing tariff hurdles in the US and other regions, India’s edible product export sector remains on a promising trajectory. With strong diaspora demand, emerging product categories, and government-backed initiatives to improve supply chains and value addition, India is well-positioned to achieve its 9% growth target this fiscal and potentially lay the foundation for a much larger global footprint in the years ahead.

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