Turmeric Exports Surge 50% as National Board Empowers Farmers Globally

Commerce Minister Piyush Goyal marked one year of the National Turmeric Board, highlighting its role in empowering farmers and boosting global exports. Turmeric exports saw a significant increase of over 50% in value, reaching $341.54 million for FY 2024-25. India commands a dominant 66% share of the global turmeric market, with Bangladesh, the UAE, and the USA among the top importers. The Board focuses on promoting new products, ensuring quality standards, and building resilient supply chains for the spice.

Key Points: National Turmeric Board Boosts Exports, Empowers Farmers

  • Exports surged 50.7% to $341.54M
  • India holds 66% of world turmeric market
  • Board promotes farmer support & value addition
  • Top importers: Bangladesh, UAE, USA, Malaysia, Morocco
  • Focus on quality standards & supply chains
2 min read

National Turmeric Board empowering farmers, promoting exports globally: Piyush Goyal

India's turmeric exports jump over 50% to $341M. National Turmeric Board promotes farmers, global markets, and sustainable supply chains.

"Empowering our farmers, and promoting turmeric exports globally - Piyush Goyal"

New Delhi, Jan 14

Commerce and Industry Minister Piyush Goyal on Wednesday said that the National Turmeric Board is empowering our farmers, and promoting turmeric exports globally.

Celebrating one year of the National Turmeric Board, the minister said that the Board has made significant strides in advancing these goals.

"Established with the aim of boosting the production of this golden spice, empowering our farmers, and promoting turmeric exports globally, the Board has made significant strides in advancing these goals," Goyal posted on X social media platform.

"Wishing the Board continued success in supporting our farmers, unlocking new avenues for our traders and exporters, and sharing India's richness with the world," he added.

Meanwhile, turmeric exports registered an over 50.7 per cent jump to $341.54 million for the financial year 2024-25 compared with the corresponding figure of $226.58 million of the previous fiscal year.

The exports of turmeric from India were over 1.76 lakh metric tonnes in 2024-25 compared with 1.62 lakh metric tonnes in 2023-24, Minister of State for Commerce and Industry Jitin Prasada said in a written reply to a question in the Lok Sabha in the Winter Session of Parliament.

Moreover, the country holds a 66 per cent share of the world market in turmeric, and the country's top five importers since 2020 are Bangladesh, the UAE, the USA, Malaysia, and Morocco.

Notably, the National Turmeric Board takes steps to promote new product development and value addition in turmeric, promote awareness and consumption of turmeric and turmeric products in international markets.

It also encourages the building of resilient and sustainable supply chains for turmeric and turmeric products by strengthening forward and backward linkages and facilitates the creation and improvement of infrastructure and logistics for exports of turmeric and turmeric products. The Turmeric Board is also promoting compliance with quality and safety standards across the supply chain of turmeric.

- IANS

Share this article:

Reader Comments

S
Sarah B
As someone who imports Indian spices, the focus on quality and safety standards is the most important part. It builds trust in international markets. The numbers are impressive, but consistent quality will ensure long-term success.
P
Priya S
Wonderful! But I hope the 'empowerment' reaches the small and marginal farmers first, not just the big players. The board must ensure fair prices and support for sustainable farming practices. The export success should translate to prosperity in our villages.
V
Vikram M
Haldi in every home across the world! 🇮🇳 This is how we should be promoting our ancient wisdom and agricultural strength. From medicine to cooking, turmeric is a superfood. Let's also focus on branding - "Indian Turmeric" should become a premium label like French wine.
R
Rohit P
Good step, but the real test is on the ground. Are farmers getting better prices? Is the infrastructure for storage and transport actually improving? Reports are good, but we need to see the change in the turmeric-growing belts of Maharashtra, Tamil Nadu, and Andhra.
A
Ananya R
Promoting new product development is key! We can't just export raw turmeric. Think of extracts, supplements, beauty products, ready-to-use pastes. That's where the real value addition and jobs are. Glad the board is looking at this.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50