newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra
News Mantra: Exclusive

APEDA’s Financial Assistance Schemes Drive 47.3% Surge in India’s Fruit & Vegetable Exports

The Department of Commerce, through the Agricultural and Processed Food Products Export Development Authority (APEDA), provides financial assistance to its member exporters for promoting the export of scheduled products, including fruits and vegetables. Under the Agriculture and Processed Foods Export Promotion Scheme for the 15th Finance Commission Cycle (2021-22 to 2025-26), APEDA offers support in three key areas:

APEDA provides financial assistance for setting up packhouses with packing and grading lines, pre-cooling units with cold storage, and refrigerated transportation. Support is also extended for cable systems for crops like bananas, pre-shipment treatment facilities (such as irradiation, vapor heat treatment, and hot water dip treatment), and common infrastructure facilities like reefer vans. Additionally, APEDA addresses missing gaps in existing infrastructure for individual exporters.

Financial assistance is available for purchasing laboratory testing equipment, installing quality management systems, and acquiring handheld devices for capturing farm-level coordinates for traceability. Support is also provided for testing water, soil, residues, and pesticides to ensure compliance with international quality standards.

APEDA assists exporters in participating in international trade fairs, organizing buyer-seller meets, and developing new packaging standards while upgrading existing ones. These initiatives enhance India’s global market presence and strengthen its competitiveness in fruit and vegetable exports. Detailed guidelines on financial assistance are available on the APEDA website under the “Scheme” tab (www.apeda.gov.in).

As a result of these initiatives, India’s fruit and vegetable exports grew by 47.3% in volume and 41.5% in value over the past five years (2019-20 to 2023-24). In FY 2023-24, Indian fresh produce reached 123 countries, with 17 new markets added in the last three years, including Brazil, Georgia, Uganda, Papua New Guinea, the Czech Republic, and Ghana.

This expansion has been made possible through strategic measures such as participation in international trade fairs, market access negotiations, and buyer-seller meets, further solidifying India’s position in the global fresh produce market.

Related posts

Four-day long AIOS conference concludes

Newsmantra

Biryani tops search charts as India embraces regional and international cuisines: Justdial

Newsmantra

DMRC Completes another Major Tunnelling Milestone on Phase 4 Golden Line; Breakthrough at IGNOU Metro Station

Newsmantra

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More