Summary:

India is making tremendous headway in expanding its banana export market, with a focus on Russia following successful sea route trial shipments to the Netherlands. With ambitions to reach $1 billion in exports, India currently relies on air routes due to limited quantities and uneven ripening seasons. To boost export volumes, APEDA is establishing maritime protocols for fruits such as bananas, mangoes, pomegranates, and jackfruit, aiming to improve ocean shipping and help Indian producers access international markets more effectively.

In the fiscal year 2023-24, India exported $300 million worth of bananas, up from $176 million in 2022-23. India's share in global banana exports has increased from 0.21% in 2013 to 1.74% in 2023, indicating its growing presence. Farmers benefit from government programs, including financial assistance, infrastructure improvements, and enhanced market access. By adopting advanced agricultural practices, India is producing higher-quality bananas, strengthening its position in the global banana industry.

Source: IBEF 

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