The total wheat export stood at 70.30 lakh tonnes till March 21 this fiscal, with maximum shipments to Bangladesh followed by Sri Lanka and UAE, Parliament was informed on Friday.As both Ukraine and Russia are major exporters of wheat with more than 25 per cent total share in the global wheat trade, there is scope for India to increase exports of wheat, Minister of State for Commerce and Industry Anupriya Patel said in a written reply to the Rajya Sabha.
"The total export of wheat in terms of quantity during 2021-22 (till 21st March 2022) was 70.30 LMT," she said From April 2021 - March 21, 2022, exports of wheat to Bangladesh, Sri Lanka and UAE stood at 39,37,438 tonnes; 5,80,819 tonnes; and 4,69,851 tonnes, respectively.
In another reply, she said India has exported seafood products worth USD 7.16 billion in April-February 2021-22, which is an all-time high export of marine products.
The US Department of State has banned wild-caught shrimp imports from India on the alleged grounds that the fishing methods being followed in India (types of nets) are adversely affecting the sea turtle population, she said.
"India has exported seafood products of value...USD 7,165 million during April-February 2022 which is an all-time high export of marine products," Patel added.
In a separate reply, she said that India's merchandise trade with South Asian countries has almost doubled in the last ten years from USD 13.83 billion in 2010-11 to USD 25.45 billion in 2020-21.
"Under 'Neighbourhood First' policy, India remains committed to building a connected, integrated, secure and prosperous South Asia," the minister said In a separate reply, Commerce and Industry Minister Piyush Goyal said that recognised startups have increased from 726 in 2016-17 to 66,810 in 2021-22 (as of March 28, 2022).
6-Sugar export may touch 85 lakh tonne this year: ISMA
India's sugar export may touch 85 lakh tonne in the ongoing 2021-22 marketing year ending September, as per the estimates of global trade houses, industry body ISMA said on Monday. While the country has contracted 72 lakh tonne of sugar export, the physical exports have been around 56-57 lakh tonne till March-end this year, it said.
Sugar marketing year runs from October to September. Crushing operation is still on as 366 mills were operating till March-end, while 152 mills had stopped the crushing Releasing the latest sugar production figures, Indian Sugar Mills Association (ISMA) said: "News from the international trade houses indicate that global market is expecting 85 lakh tonne of sugar exports from India, in the current season."
According to the industry body, sugar production reached 309.87 lakh tonne till March of the ongoing 2021-22 marketing year, higher than 278.71 lakh tonne in the year-ago period.