Business Daily from THE HINDU group of publications
Friday, Jul 18, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Friday, Jul 18, 2008 ePaper | Mobile/PDA Version | Audio |
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Agri-Biz & Commodities
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Spices & Condiments Industry & Economy - Exports & Imports Ginger exports fall short of targets P.S. Sundar Coonoor, July 17 Ginger exports are causing concern to growers and exporters as the performance is short of volume and value targets. During 2007-08 fiscal, ginger exports could not touch the levels of the previous fiscal, let alone the target. According to the information available with the Spices Board and the exporters, in 2007-08, 6,700 tonnes of ginger were exported against 7,500 tonnes in the previous year. What caused concern was that the shipments fell despite the price fetched declining to an average of Rs 41.79 a kg from Rs 53. Consequently, exporters earned Rs 28 crore against Rs 39.75 crore in the previous fiscal. This marked a fall of 11 per cent in volume and 30 per cent in value earned. The export target for the year was 12,000 tonnes and earn Rs 60 crore. So only 56 per cent of the targeted volume and 47 per cent of the targeted value had been achieved. More Stories on : Spices & Condiments | Exports & Imports
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