India exported alcoholic products worth $322.12 million in 2020-2021



India exported 2.47 lakh metric tons of alcoholic products, worth $322.12 million (about Rs 2,507 crore), in 2020-2021, the Ministry of Commerce said on Friday.

The main export destinations for Indian alcoholic products are the United Arab Emirates, Ghana, Singapore, Congo and Cameroon.

He said the demand for Indian products such as malt-based beer, wine, white wine, brandy, whiskey, rum and gin has increased significantly in the global market.

The Agricultural and Processed Food Products Export Development Authority (APEDA) has organized several workshops and wine tastings at various international trade fairs to raise awareness of the potential of local wines.

India’s wine industry grew at a compound annual growth rate of 14% between 2010 and 2017, making it the fastest growing alcoholic beverage industry in the country, he added.

In a bid to boost the export of wines, APEDA facilitated the participation of ten exporters in the London Wine Fair, 2022.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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