The Spices Board, in association with the Indian and Thai Embassies, on Friday organised an International Buyer Seller Meet (IBSM) and a webinar bringing together spices importers and exporters, trade associations, chamber of commerce, leading supermarket chains, and departmental stores from both the countries.
India’s spice exports amounted to more than 17 lakh MT valued at more than Rs 30,000 crore during fiscal year 2020-21. This scaled the landmark level of $4 billion, compared to the previous year despite the pandemic situation.
In all, 240 representatives from India and 60 from Thailand took part .
Thailand is an important destination for India’s spices and it opens opportunities and offers ample avenues to expand this further.
India, on an average, exports 68,225 MT of spices to Thailand every year, valued at Rs 944.35 crore, which accounts for 6 per cent volume and 5 per…
