New Delhi - Intensifying regulatory actions against Indian spice giants in many countries puts nearly $700 million worth of exports to critical markets at stake, the Global Trade Research Initiative (GTRI) said in a report on May 1.
The United States, Hong Kong, Singapore, Australia, and Malé have reportedly raised questions about the quality of spices supplied by leading Indian firms MDH and Everest Group. The stakes are high given that India exported spices worth approximately $692.5 million in FY24 to these nations, the GTRI report added.
The private trade research . . .
Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.
You cannot copy content of this page
