Spices Board opens two signature shops ‘Spices India’ features value-added products

Spices Board has launched signature shops under the brand name ‘Spices India’ that showcases the country’s choicest spices and their value-added products, including lifestyle and personal care, under one roof.

These two showrooms were opened in the national capital—one on the arterial Janpath road and the other at Dilli Haat, a fashionable open air plaza for ethnic products, in Janakpuri in west Delhi.

Union Commerce Secretary Rajeev Kher, while inaugurating the two shops says  “This will promote an array of quality products like spices-infused chocolate slabs, beauty creams, fairness oils, bathing bars, shower gel and shampoo.”

“Purity and quality will be the hallmarks of such outlets. Strict adherence should be made to the correctness of weight and quality. India thrives on spices; so does the world now. Spices are class-neutral. Some spice or the other is to be found in everyone’s palate in our country,” he adds.

Secretary Kher suggested setting up of ‘Knowledge Kisoks’ within the outlets to provide information to visitors on spices grown in various states. “We also need to popularise ‘Spices India’ among the domestic tourists. Our focus should be on improving packaging, processing and branding, besides better utilisation of technology.”

The shops sell aromatic gel candles as a key attraction. These are available with the fragrance of nutmeg, clove, cardamom, mint, vanilla and cinnamon.
‘Spices India’ displays a wide variety of Indian spices and value-added products derived from them. It specially features an assortment of whole spices and a casket of exclusive spices extracts.

A premier gift item is a slab of chocolates that contain cumin, chilly, cinnamon, cardamom and clove tangs. Also available are gift boxes and containers with an array of superior quality spices.

All the showrooms have a ‘Spice Kitchen’ where visitors can touch, feel and taste spices. There are men at the counter willing to provide information about the spices. Further, there is a small library where books and documentaries are available on varieties of spices. To top it all, there is a map of India that shows spices grown in a particular region.

Dr. A. Jayathilak, chairman, Spices Board says,” ‘Spices India’ shops are part of the new thrusts to ensure sustainability of the industry. “We have chalked out an expansion plan. We are talking to the state governments to provide space. We are hopeful of opening new outlets in various parts of the country.”

He said the Board was continuing its efforts to help farmers and collectives to secure a better price for their produce by trading directly with them. “Such a system eliminates middlemen; the collective can demand a fair price for the larger quantity of goods they sell. We are paying them higher price than normal market price,” he added.

Headquartered in Kochi, Spices Board has been adding new spices and products to its export casket also in its bid to accomplish the primary objective of bringing about rapid and systematic diversification of spice industry.

Also, Spices Board’s novel initiative ‘Flavourit’ undertakes the branding, packaging marketing and promotion of finest spice goods collected from individual farmers and collectives to be sold to the general public. It streamlines the efforts of spice growers working at grassroots with market forces by helping growers, collectives and developmental ventures to bring the economic and social inclusion.
With regional laboratories in Mumbai, Chennai, Delhi, Tuticorin and Guntur, the agency places increasing emphasis on value-added spices and spice derivatives in a bid to establish international spice brands and build globally-acceptable benchmarks in quality and safety parameters.

As for flavour, it would seek to restore the quality and popularity of once famous grades of spices like Alleppey Green Extra Bold Cardamom, Tellicherry Garbled Extra Bold (TGEB) Malabar Pepper and other spices, known for their culinary, therapeutic and cosmetic properties. Spices Board encourages and facilitates direct purchase from farmers to ensure easy accessibility of the merchandise it sells, besides lending quality to the market products.

Reference – http://www.fnbnews.com/article/detnews.asp?articleid=37391&sectionid=45

Advertisements

Spices exports touch ₹14,900 cr in FY15

Indian spices maintained their robust demand in the international market with exports exceeding the target by touching ₹14,899.68 crore in FY15 against ₹13,735.39 crore in the previous fiscal.

Chilli, mint and mint products, cumin, spice oils and oleoresins, pepper, turmeric, coriander, small cardamom, curry powder/paste and fenugreek contributed substantially to the spices export basket, as the demand scaled up phenomenally at the global level.

About 8,93,920 tonnes of spices and spice products valued at ₹14,899.68 crore ($2,432.85 million) were exported, registering a 9 per cent increase in volume and 8 per cent in rupee terms and 7 per cent in dollar terms in value against 8,17,250 tonnes in FY14. The export figure also exceeded the target of 7,55,000 tonnes.

The achievement is substantial and it was achieved in the face of tough competition. Increased demand for Indian spices in the international market is a testimony to their unmatched quality and escalating faith in their sustainability, A Jayathilak, Chairman, Spices Board, said.

Chilli continued to maintain the leading position in the export basket, accounting for 347,000 tonnes in quantity and ₹3,51,710 lakh in value. Mint and mint products also earned substantial foreign exchange worth ₹2,68,925 lakh through exports of 25,750 tonnes.

In terms of volume, chilli was followed by cumin with an export quantity of 1,55,500 tonnes earning a foreign exchange worth ₹1,83,820 lakh.

Pepper contributed significantly to export earnings by bringing home ₹1,20,842 lakh with a corresponding export volume of 21,450 tonnes.

Value-added spice products like spice oils and oleoresins notched a significant high with figures of 11,475 tonnes and ₹1,91,090 lakh. Turmeric too continued to make great strides with an export volume of 86,000 tonnes, which translated into an earning of ₹74,435 lakh.

Coriander was another major spice with a huge demand in foreign markets. By exporting 46,000 tonnes, it fetched ₹49,812.50 lakh, while curry powder/paste contributed to the exchequer with a tidy amount of ₹ 47,626 lakh through export of 24,650 tonnes.

“Indian spices are not only lucrative products for the national exchequer but have also become a trusted global brand. The challenge for us is to give a huge impetus to their exports and sustain their quality and flavor”, Jayathilak said.

Retrieved from – http://www.thehindubusinessline.com/industry-and-economy/agri-biz/spices-exports-touch-14900-cr-in-fy15/article7317897.ece

As food processing potential increases, US imports turmeric from India

Due to its medicinal properties, turmeric is finding huge potential in the processed food industries of the United States, and importing larger quantities from India, the largest producer of the spice.

According to data by the United Nations, the import of turmeric in the US has tripled from 2008, and the majority of it is from India. The demand for turmeric has increased due to the realisation of nutritional and medicinal values of this humble spice.

According to reports India’s Spice Board (headquartered in Kochi), the worldwide export of turmeric from India has increased to 60 per cent from 2008.

The US has already started a wide range of research about nutritional and medicinal properties of turmeric. The spice is used to cure such diseases as cancer, Alzheimer’s, arthritis, Crohn’s disease and even depression.

Though turmeric is imported from India, they also plan to cultivate this spice on their land to reach the domestic demand. “The market for turmeric-based supplements in the US has grown by almost 31 per cent to $108 million,” revealed a recent study by Nutrition Business Journal.

The spice has been termed a super-food in the US processed food market, and a number of companies are now offering products containing turmeric. These are poised to increase in future.

The demand for turmeric supplements is higher in the US beverage sector. Turmeric juice and other food supplements are being increasingly sold in the US market.

The Spice Board of India has identified a huge demand from the Middle-East as well. This would be beneficial to turmeric farmers across India.

An official from the Trade Information Service Department of the Spice Board, said, “The demand for turmeric has increased of late, and we are able to export a better quality of it to these countries.”

“As the demand is increasing in the US, they have plans to grow their own turmeric to meet the domestic demand,” he added. The official said, “Only if India can supply high-quality spices consistently, we can stay in the market. Though the market has good potential, only fair players can continue in the market.”

“Unlike other spices, it demands very less attention from the farmer and can fight its own diseases,” he added.

“Then it helps us to fight our diseases also. Thanks to its therapeutic qualities, the demand for turmeric is growing all over the world,” the official stated. “More than 90 per cent of curcumin, extracted from turmeric, is used to make nutraceuticals and dietary supplements” he added.

S Suresh, assistant director, Spices Board, said, “India is the top producer of turmeric in the world. The Spice Board conducted thorough checks for Sudan and Aflotoxin contamination.”

“This ensured the quality of our spices. The various turmeric-producing states in India were able to produce enough to supply it to the US, the Middle-East, Canada, Japan and Australia,” he added.

The medicinal and nutritional qualities of turmeric, which has been used in Indian cuisine for several years, were revealed centuries ago.

Retrieved from – http://www.fnbnews.com/article/detnews.asp?articleid=35318&sectionid=45

Tea major forays into spice trade

Amalgamated Plantations Private Limited is planning to introduce a brand of spices sourced from the Northeast, including pepper from its plantations, in the national market.
Pepper being grown in a nursery inside an APPL garden.

Guwahati, July 14: Amalgamated Plantations Private Limited, the second largest tea producer in the country, is all set to launch its brand of spices.

The tea major, which has been growing other crops on its estates, is aiming big vis-à-vis spices and wants to become a national player within five years.

“The idea is to have fair price aggregation and develop market linkages with the organised sector. APPL’s vision is to become the preferred provider of agri business supply solutions in the Northeast to ultimately benefit the farmer,” Prabir Banerjea, the chief operating officer of APPL’s agri business division, told The Telegraph.

The company is growing only black pepper — the most traded spice in the world — in its gardens. Black pepper, known as the king of spices, is known for its hot, biting flavour and pungent aroma. The latest price for black pepper in India ranges from Rs 35,000 to Rs 50,000 per quintal. The company sources other spices from different states of the region.

“The brand names are being shortlisted and our brands could hit the market by August,” Banerjea said.

The company started growing black pepper commercially from 2007 and the yield this year was 24 metric tonnes — 20 per cent higher than last year. As on date, the company has 200 hectares under black pepper cultivation.

He said the company planned to announce the origin of the produce and their USPs across marketing channels in the organised sector, as “at present, spices from the Northeast are being sold in mandis and nobody knows where these are coming from”.

Independent nurseries have been set up in all gardens to ensure self-sufficiency in planting material and high-yielding and drought-resistant varieties have been sourced from south India.

Banerjea said single polished turmeric fingers with specified curcumin content were recently sent to Olam International — a leading global integrated supply chain manager and processor of agricultural products and food ingredients — for export. “This is for the first time spices have been exported from the Northeast,” he said. The turmeric was mainly sourced from Assam’s Karbi Anglong district.

The company is also setting up a state of the art processing and packaging plant for spices and fruits aggregated from the Northeast at the North East Mega Food Park in Tihu. Construction will commence after the monsoon this year and trial production will start from the winter of 2014.

The official said the company’s entry into the spices sector in the Northeast would create national links for local produce, benefiting the farming community of the region.

Spices are high value export-oriented commodities, which play an important role in the country’s agricultural economy, as India is the principal source of spices in the global market. In the Northeast, black pepper is mainly grown in Meghalaya, which produces about 400 metric tonnes of the spice annually.

According to Spices Board, the Northeast has tremendous potential for largescale production of spices and it is anticipated that the region can create exportable surpluses at competitive prices, ensuring that the country stays on top in the international spices market.

In fact, the spices sector has been making strides in the Northeast and Spices Board has proposed an outlay of Rs 66.75 crore in the Twelfth Plan to promote the sector in the region. The Twelfth Plan focus is on development of large cardamom and other spices with respect to area expansion, irrigation and land development, mechanization, organic farming and post-harvest processing.

Retrieved from – http://www.telegraphindia.com/1130715/jsp/northeast/story_17115030.jsp#.UeN3b9Iqdsl

Spices export cross $2 bn in 2011-12 fiscal

India’s spices exports rose by 36 per cent to $2.04 billion in value terms in 2011-12 fiscal on account of increase in value realisation of spices, especially chilli and pepper.

In the previous fiscal, the country had earned foreign exchange of $1.5 billion from spices exports, according to the latest data released by the Spices Board of India.

The volume of shipments in the last fiscal rose by almost 10 per cent to 5.75 lakh tonnes from 5.25 lakh tonnes in the 2010-11 financial year.

The earnings from export of spices in rupee terms rose by 43 per cent to Rs 9,783.42 crore in 2011-12 fiscal as against Rs 6,840.70 crore in the year-ago period.

The Spices Board had set a target of earning forex revenue of Rs 6,500 crore ($1.45 billion) with a volume of 5 lakh tonnes in the last fiscal from export of spices.

Spices export earnings rose mainly on the back of increased realisation from mint products, chilli, pepper and spice oils & oleoresins.

The export value of mint products rose by 31 per cent to Rs 2,223.72 crore in 2011-12 fiscal from Rs 1,696.79 crore in the 2010-11 fiscal, despite a decline of 15 per cent in its volume to 14,750 tonnes from 17,450 tonnes in the same period.

The unit value of mint produced rose to Rs 1,507.61 per kg last fiscal from Rs 972 per kg in 2010-11 fiscal.

In the case of chilli, export earnings rose by 40 per cent to Rs 2,144.08 crore last fiscal from Rs 1,535.54 crore in the year-ago period. There was a marginal increase in the volumes to 2.41 lakh tonnes from 2.40 lakh tonnes in the reviewed period.

Similarly, unit value of chilli increased to Rs 88.97 per kg as 2011-12 against Rs 63.98 per kg in 2010-11.

The earnings from export of spice oils & oleoresins rose by 43 per cent to Rs 1,304.38 crore in 2011-12 compared to Rs 910.62 crore in 2010-11, while volumes declined by 4 per cent to 7,265 tonnes from 7,600 tonnes in the same period.

The unit value of spice oils & oleoresins, used in food and cosmetics, rose to Rs 1,795.43 per kg in 2011-12 from Rs 1,198.19 per kg in 2010-11.

Pepper export earnings rose by a whopping 129 per cent to Rs 878.13 crore in the last fiscal from Rs 383.18 crore in the year-ago period, while volume of shipments rose by 42 per cent to 26,700 tonnes from 18,850 tonnes in the same period.

The unit value of pepper rose to Rs 328.89 per kg in 2011-12 as against Rs 203.28 per kg in 2010-11.

Retrieved from – http://www.thehindubusinessline.com/industry-and-economy/agri-biz/article3591441.ece

Government to set up spices parks in Meghalaya, Assam

SHILLONG: The Centre is keen on setting up a spices parks in Meghalaya and Assam to promote value addition and help farmers by reducing their dependence on middlemen, an official said today.

A feasibility study for the park in Meghalaya is under the process of preparation by the IIM-Shillong for which the report is awaiting, Deputy Director (Regional office) Spices Board, Government of India, B J Brahma, said at the sideline of a workshop on Organic spices and value addition in Shillong.

The Union Ministry of Commerce and Industry will provide funding for the proposed Spices’ Park, he said.

According to the Spice Board official, the park, ideally to be within the reach of the spice-farming community, should have common infrastructure and should not be less than 10 acres.

The Spices park will act as a common centre where farmers bring in their produces in bulks. Grading, quality control, value addition and packaging will be done before it is handed over to exporters, the Spice Board official said.

In 2009-10, Meghalaya produces 50,286 MT of ginger and 10,046 MT of ginger besides 1423 MT and 462 MT of chillies and black pepper. Assam on the other hand, produces Bhut Jhalokia and mustard besides ginger and turmeric and is considered the gate to the North East, Brahma said.

The region has also exported 37,38,597 MT tonne of spices, mainly fresh ginger and fresh turmeric, to neighbouring countries Bangladesh and Myanmar in the recent past, could further its export after the value addition is done and the quality is improved, Brahma said.

Once value addition is done and quality is improved at these common infrastructure for the farmers, the spices could command a higher price value at the International markets, Brahma said.

The Lakadong turmeric produced in Meghalaya’s Jaintia Hills district could command a high market prices after value addition at the park, he said.

Retrieved from – http://articles.economictimes.indiatimes.com/2012-05-16/news/31726901_1_value-addition-spices-park-spices-parks