Maize exports upward thrust 28.5% to $816.31 million in April-January FY22
Maize exports elevated by over 28.5 per cent to USD 816.31 million all the top probably device thru April-January this fiscal, in opposition to USD 634.85 million within the identical length final financial year, the commerce ministry acknowledged on Sunday.
Neighbouring countries bask in Bangladesh and Nepal are the principle importers of maize from India, it added.
Bangladesh has imported maize price USD 345.5 million within the first ten months of essentially the most modern fiscal, while Nepal’s import stood at USD 132.16 million all the top probably device thru this length.
Other famed importing countries are Vietnam, Malaysia, Myanmar, Sri Lanka, Bhutan, Taiwan, and Oman.
Maize is the third most most critical cereal gash in India after rice and wheat. The cereal gash is primarily cultivated in Karnataka, Madhya Pradesh, Kerala, Bihar, Tamil Nadu, Telangana, Maharashtra and Andhra Pradesh.
In India, maize is grown at some level of the year, and it is predominantly a Kharif gash with 85 per cent of the put under cultivation within the season.
To boot to to staple food for human beings and quality feed for animals, maize serves as a widespread raw topic materials/ingredient to many industrial merchandise, along side starch, oil, protein, alcoholic drinks, food sweeteners, pharmaceutical, beauty, movie, textile, gum, equipment and paper industries.
(Take all of the Trade News, Breaking News Events and Most modern News Updates on The Economic Conditions.)
Download The Economic Conditions News App to fetch Each day Market Updates & Are living Trade News.