24.4 C
Cairo
March 5, 2024
Egypt Bulletin
Business

Collaborations with UAE help boost Indian farm exports by 31 percent

An international buyer-seller meet in Ladakh attended by buyers from Dubai and Oman and buyer-seller meetings in the UAE on agricultural and food products with registered geographical indications (GIs) tags, as well as a mango festival in Bahrain, resulted in India exporting these items by 31 percent between April and June.

Collaborations with UAE help boost Indian farm exports by 31 percentFrom April to June 2022, the export of agricultural and food products in India increased by US$7,408 million from $5,663 million in the previous fiscal year, according to data released by the Directorate General of Commercial Intelligence and Statistics (DGCI&S). This quarter’s export target was $5,890 million, which was exceeded.

A GI tag indicates that a product has a specific geographical origin and possesses qualities or a reputation associated with that origin. This is according to the United Nations World Intellectual Property Organization. Bahrain’s mango festival displayed 34 varieties of mangoes from East Bengal, Bihar, Jharkhand, and Odisha, according to the DGCI&S.

Related posts

OFID signs deal to co-finance road network in Bangladesh

ADNOC invests over $764 million in drilling-related services

Masdar wins bid to build $174 million solar project in Armenia

$750 million Emirates NBD bond listed on Nasdaq Dubai

Dubai real estate transactions cross AED4.1 billion in a week

Danish Government confirms official participation at Expo 2020 Dubai