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India Targets $1 Billion Banana Exports Following Successful Sea Route Trial

India aims to reach $1 billion in banana exports over the next five years, following successful sea route trial shipments to the Netherlands. This marks a significant milestone in boosting India's global banana trade.

India is poised to significantly boost its presence in the global banana export market, with a target of reaching $1 billion in exports over the next five years.

This ambitious goal comes after the successful trial shipments of Indian bananas to the Netherlands via the sea route, as reported by the Agricultural and Processed Food Products Export Development Authority (APEDA).

This breakthrough in sea transport marks a major milestone for the country’s banana export industry, providing new opportunities for growth in the global market.

Surge in Indian Banana Exports: A Decade of Growth

Over the past decade, India has experienced a dramatic increase in banana exports. The country’s banana export value surged tenfold, rising from just $176 million in the fiscal year 2022-23 to $300 million in 2023-24. This growth reflects India’s expanding foothold in the global banana market, with its share of global exports increasing from a modest 0.21% in 2013 to 1.74% in 2023.

BANANA 1 India Targets  Billion Banana Exports Following Successful Sea Route Trial

The rise in banana exports is also a result of India’s strategic efforts to improve cultivation practices, enhance quality, and explore new markets. As the world’s largest producer of bananas, India’s efforts to diversify export routes and improve infrastructure are expected to propel it further into the international market.

Sea Route: A Game Changer for Banana Exports

One of the key drivers of this growth has been the opening up of the sea route for banana exports. Historically, India relied on the air route to export bananas, a high-cost mode of transport that limited the quantity and price competitiveness of the fruit. The sea route, however, offers a more cost-effective alternative, enabling larger quantities of bananas to be shipped internationally.

Following the success of the sea route trial shipments to the Netherlands, India is now exploring Russia as a major market for its bananas. The introduction of sea transport protocols for fresh fruits, developed by APEDA, will further streamline the export process, making it more feasible for Indian farmers to export bananas in bulk.

Government Initiatives and Support for Banana Farmers

The Indian government is actively supporting the banana industry through several initiatives aimed at boosting exports. These initiatives include financial assistance to farmers, infrastructure development, and improved market access. Farmers are increasingly adopting modern agricultural practices, including the use of superior banana varieties and advanced farming techniques, resulting in higher-quality produce with better yields.

In addition to these measures, the government is facilitating market access for banana growers through better transportation infrastructure, including the development of sea transport protocols for bananas, mangoes, pomegranates, and other fruits. These efforts aim to enhance the efficiency of the export process and open up new markets for Indian farmers.

Uttar Pradesh Emerges as a Key Banana Exporter

Among the states, Uttar Pradesh has emerged as a significant player in India’s banana export sector. The state government has been proactive in promoting banana cultivation, with initiatives such as declaring banana farming as the “One District One Product” (ODOP) for the district of Kushinagar. This has led to substantial benefits for banana growers, who now receive subsidies and incentives to cultivate high-quality bananas that meet international market standards.

In Uttar Pradesh’s Purvanchal and Awadh regions, districts like Kushinagar, Deoria, Gorakhpur, Maharajganj, Basti, Sant Kabir Nagar, Ayodhya, Ambedkar Nagar, Amethi, and Barabanki are heavily involved in banana farming. The state has also seen a significant increase in the acreage under banana cultivation, as farmers adopt superior banana varieties and modern farming techniques, improving both the quality and yield of the crop.

Global Opportunities and the Path Ahead

India’s growing presence in the global banana market signals a shift in the country’s agricultural export strategy. The success of the sea route for banana exports is expected to further accelerate growth, opening up lucrative markets in Europe, Russia, and beyond. By 2029, India is targeting $1 billion in banana exports, a significant leap from the current $300 million.

As India’s banana industry continues to expand, the government’s focus on improving infrastructure, supporting farmers, and streamlining export protocols will be crucial in meeting the ambitious export target. With increased production, enhanced quality, and better transport options, India is set to become a dominant player in the global banana market in the years to come.

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