TNPSC Thervupettagam

Spice Exchange Portal

January 27 , 2022 1025 days 657 0
  • The Spice Board of India recently launched the Spice Exchange Portal.
  • The portal will act as a meeting point between the Indian spice exporters and buyers all over the world.
  • This platform is the first of its kind in the country.
  • The platform was launched by the Union Ministry of Commerce and Industry.
  • Spices contribute 41 percent of total horticultural exports.
  • Spices rank fourth in Indian agricultural commodities.
  • The first three ranks are held by marine products, non-basmati rice, and basmati rice.
  • India is the largest producer, consumer, and exporter of spices in the world.

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