Exporters said on Thursday that reduction in demand from Pakistan along with hard competition from China may hit India’s chilli exports in 2009-10 (April-March).
Weak global economy will also weigh on chilli exports, which accounted for 40 per cent of the total 470,520 tonnes of spices India exported in 2008-09, they said. According to Spices Board, chilli exports dropped 44 per cent from a year ago to 37,500 tonnes in April-June.
Export income reduced 31 per cent year on year to Rs 228 crore, the data showed. “China is selling to Pakistan, which is hitting Indian exports. But, it is difficult to get any accurate data from China,” said Alkesh Patel, managing director of Mumbai-based Amrutva Exports.
Weak global economy will also weigh on chilli exports, which accounted for 40 per cent of the total 470,520 tonnes of spices India exported in 2008-09, they said. According to Spices Board, chilli exports dropped 44 per cent from a year ago to 37,500 tonnes in April-June.
Export income reduced 31 per cent year on year to Rs 228 crore, the data showed. “China is selling to Pakistan, which is hitting Indian exports. But, it is difficult to get any accurate data from China,” said Alkesh Patel, managing director of Mumbai-based Amrutva Exports.
No comments:
Post a Comment