29-May-2012
India's organic exports almost tripled in value for the fiscal year 2011-12 from the previous year, a government agency detailed.
The Agricultural and Processed Food Products Export Development Authority (APEDA), which is responsible for promoting food exports, said that India exported almost 70,000 metric tonnes (mt) of organic products, valued at almost US$130m in 2010-11. This figure was up to 115,000 mt worth over US$360m for 2011-12.According to APEDA, more financial assistance (US$38m) from the body had been provided in 2011-12 to India's organic food sector than previous years.APEDA has forecast that sector exports will double again in the current fiscal
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