Spices Board Aims for $25 Billion Annual Export by 2047

• Spices Board aims to increase annual spice production to 17 million tonnes by 2047.
• Current demand is about 13 million tonnes, with exports of 2.7 million tonnes.
• Ginger exports are fastest growing, with a CAGR of 27%.
• Top export earnings are from chilli ($ 1.1 billion).
• The board will focus on a sustainable, safe, and chemical-free export supply chain.