The room in India’s budget for imported fruit and vegetables has increased by 25 per cent this year, largely a product of depreciation of the rupee.
India’s currency has dropped in value by 20 per cent so far this financial year, which accounts for most of the value increase of imported produce, but the figure shows a slight increase in India’s real spending on imports.
Fruit and vegetable imports rose from Rs87.74bn to Rs10.12bn year-on-year, reported the Business Standard.
Earliest production zones are reporting a good quality crop this year
While the company is expecting a slightly smaller crop than the wider South African forecast, overall conditions are excellent
Production down in France and Italy, Greece bounces back and Spanish output and acreage increase
Non-traditional varieties are forecast to make up more than 60 per cent of the industry’s total exports this season
Global campaign kicks off in mainland China, Taiwan and Hong Kong with digital and in-store activations and Kung Fu Panda packaging
Frutas de Chile and Sichuan Port and Shipping Investment Group sign collaboration agreement to promote fruit trade
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