Export Trade of Major Spices of India: An Economic Analysis

Export Trade of Major Spices of India: An Economic Analysis

Major Spices considered are Chilli, Pepper, Cumin,Turmeric and Coriander

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India is known as the 'land of spices'. It has a long and glorious history of growing and exporting a wide variety of spices of the finest quality. This has been possible because of the wide variety of climatic conditions viz., tropical,subtropical and temperate prevailing in one or another state/zone. Spices comprise fragrant products of plant origin used for flavoring foods and beverages, as components of medicine in pharmaceutical industries, as dyes in textiles industries, etc. India is the largest producer, exporter and consumer of spices in the world. Out of the total spices (107), nearl...