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The story of Indian Spices dates back to 7000 years into the past. It is a
chequered history of lands, discovered or destroyed, kingdoms built or brought down, wars
won or lost, treaties signed or flouted, favours sought or offered.Today Indian Spices
hold the same spell.
Within the past one decade the international trade in spices has grown by leaps and
bounds. An estimated 500,000 tonnes of spices and herbs valued at 1500 million US dollars
are now imported globally every year. An impressive 46% of this supply comes from India.
India's exports of spice extracts have shown spectacular growth attaining over 50 percent
of the global market within a short span.
Over the past decade, the Indian Spices
industry has made quality the cutting edge of its global game plan.In recent years, export
of Indian Spices has been taking giant leaps. The Indian export of spices has crossed the
450 million US dollar mark during 1999-2000 and has reached 468 million US dollar.
This remarkable achievement is born of a sea change in the industry scenario. From
traditional commodity exports, Indian Spices have evolved into a state-of-the-art
industry. Absorbing technology, broad basing its products range, developing value added
products, identifying niche markets, forging strategic alliances clinching global
collaborations and joint ventures.
The Spices Board India (Ministry of Commerce, Government of India) is the apex body for
the export promotion of Indian Spices. Established in 1987, the Board is the catalyst of
these dramatic transitions. The Board has been with the Indian Spice industry every step
of the way. The Board plays a far reaching and influential role as a developmental,
regulatory and promotional agency for Indian Spices
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