Home Economic Times india exports: Maize exports rise 28.5% to $816.31 million in April-January FY22

india exports: Maize exports rise 28.5% to $816.31 million in April-January FY22

india exports: Maize exports rise 28.5% to $816.31 million in April-January FY22

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Maize exports elevated by over 28.5 per cent to USD 816.31 million throughout April-January this fiscal, in opposition to USD 634.85 million in the identical interval final monetary 12 months, the commerce ministry stated on Sunday.

Neighbouring nations like Bangladesh and Nepal are the key importers of maize from India, it added.

Bangladesh has imported maize value USD 345.5 million within the first ten months of the present fiscal, whereas Nepal’s import stood at USD 132.16 million throughout this era.

Different outstanding importing nations are Vietnam, Malaysia, Myanmar, Sri Lanka, Bhutan, Taiwan, and Oman.

Maize is the third most vital cereal crop in India after rice and wheat. The cereal crop is primarily cultivated in Karnataka, Madhya Pradesh, Kerala, Bihar, Tamil Nadu, Telangana, Maharashtra and Andhra Pradesh.

In India, maize is grown all year long, and it’s predominantly a Kharif crop with 85 per cent of the world below cultivation within the season.

Along with staple meals for human beings and high quality feed for animals, maize serves as a primary uncooked materials/ingredient to many industrial merchandise, together with starch, oil, protein, alcoholic drinks, meals sweeteners, pharmaceutical, beauty, movie, textile, gum, bundle and paper industries.

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