There has lately been a strain in the entire world economy and India is among the most hit nations of the world. The entire spice business and all of the suppliers of spices in India are badly affected. Not to forget the throbbing heart of the Indian Economy, the agriculture sector is directly hit due to the prices hitting the rock bottom.
Indian green cardamom suppliers in south India, the farmers especially, are experiencing a huge deal of difficulty in getting the right prices for their produce. The fresh, aromatic Indian green cardamom is not getting the expected rates and farmers believe, the aroma of it is fading with each passing day.
China is among the major importers of spices from the spices exporters in India. Numerous spices manufacturers in south india have made massive deals in exporting spices such as red chilli, oleoresins, cumin, cardamom etc to china. However, the recent dispute at the border seems to have transformed the healthy trade of spice between the Dragon and the Elephant.
In the year 2014, spices board had announced the compulsion of Health Certificate (HC) in line with European Commission for the export of curry leaves from India to Europe.
Recently, on 24th June 2020, we received a circular announcing the removal of the compulsion of HC for the export of curry leaves from India to Europe.
Indian Railways has been convincing the turmeric suppliers in nizamabad for exporting their much demanded produce to Bangladesh via the railroad.
The farmers were convinced by the The Commercial Department of Hyderabad, South Central Railway to transport their produce through trains and already, 2474 Metric Tonnes is on its way to Benapole, Bangladesh.
Around 109 variety of spices are listed by the International Organisation for Standardization (ISO) out of which 75 varieties are produced and exported by India itself and also, it accounts more than half of the global trading in spices. Among all the spices exporters in India chilli, mint, cumin, turmeric, cardamom, pepper, ginger are the most exported spices.
Cumin can be sold to industries and can be manufactured into high in-demand products such as repellents, anti bacterial, essential oils and many more. Here are details about the category of industries that can answer your emails if you are a cumin exporter or a manufacturer of cumin spice.
The Atmanirbhar Bharat mission and the “Vocal for Local” movement has been the recent highlights announced immediately during the Lockdown 3.0
Under these announcement, several important points have been made that can indirectly and directly benefit the spice manufacturers in India