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India eyes the huge Chinese import market

A group of Chinese importers is visiting India as part of New Delhi’s efforts to promote Indian grapes in China and tap the country’s huge market. Export of Indian grapes to China almost doubled from USD 3.5 million in 2016 to USD 6.7 million last year. However, this is just one per cent of total grapes imports in China of around USD 630 million and two per cent of India’s total exports of the fruit of USD 300 million, an Indian Embassy statement said on Tuesday.

In order to tap this huge market, Indian embassy in Beijing and its consulates in Guangzhou and Shanghai have taken up steps to promote Indian Grapes in China, which include organising a buyer-seller meet with support from the Agricultural and Processed Food Products Export Development Authority (APEDA), an agency under the Government of India’s Department of Commerce, in Mumbai. “Around 23 importers from China and over 100 Indian exporters participated in the Buyer Seller Meet which also laid an exhibition of products by the exporters,” the statement said.

The APEDA will also take the Chinese exporters to Nashik, also known as grapes capital of India, contributing almost half of India’s grapes export. The agriculture produce trade between India and China has witnessed a renewed focus with Chinese authorises clearing access to Indian Non-Basmati Rice in June and Rape seed meal in September, it said.

Read more on The Financial Express.

 

Source: The Financial Express
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