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Export Performance of Major Spices from India

Since India is a net exporter of agricultural commodities, the foreign earnings from exports will fund the import of capital goods, paving the way for increased investment, which will result in technological advances, eventually leading to increased productivity and efficiency. As the international market becomes more competitive, it is critical to increase production and productivity while lowering cultivation costs in order to make Indian spices globally competitive. Thus, in order to highlight the competitive countries in the international market for spice exports, a competitiveness analysis was conducted to assist exporters and farmers in identifying spice-demanding markets.