If Modi helps the farmers of Gujarat, then the peanuts price can be multiplied twice 

Gandhinagar, 2 December 2020

Gujarat’s peanuts are cheaper than the US and Argentina. Peanut demand is expected to increase by 10 per cent in 2020-21, thanks to good orders from China, Southeast Asia and Europe. According to the Indian Oilseed and Produce Export Promotion Council, production in China is likely to be less than 4 million tonnes. There is good demand for peanuts from there. Indian groundnut imports into China are subject to a 15 percent import duty. While there is no charge on supplies from Africa.

Exports may increase by 25 percent if Narendra Modi reduces fares, containers and ships go up to provide good prices to farmers.

Exports of roasted and flavored peanuts have also increased.

India exported 34535 tonnes of groundnut in August 2020. Which was 19225 tonnes in August 2019. During April-August, groundnut exports grew by 13 percent to 174610.53 tonnes, valued at Rs 1571.61 crore. Last year, peanuts worth Rs 5,000 crore were exported. If the government cooperates this year, peanuts worth Rs 25,000 crore can be exported.

Groundnut was sown in 5095500 hectares this year in India and the total production was estimated to be 7728597 tonnes. The productivity per hectare was estimated at 1517 kg. A sub style has come out. Farmers’ fields have reduced by 50 per cent.

Gujarat accounted for about 55 per cent of the total groundnut exports during April-September. In rupee terms, groundnut exports have increased by 33 percent.

Happened in Indonesia, Vietnam, Malaysia, Philippines, Thailand and China.

Gujarat was expected to produce 3.5 million tonnes of peanuts, which has been reduced to 2 million tonnes. In the year 2019-20, groundnut exports from Gujarat stood at 4.7 lakh tonnes compared to three lakh tonnes in the year 2018-19. Thus there has been a 57 percent increase in groundnut exports.

Agricultural and Processed Food Products Export Development Authority

In 2016-17, peanuts worth Rs 5,500 crore were exported.

Food processing sector is one of the largest sectors in India in terms of production, growth, consumption, and export. India’s food processing sector covers fruit and vegetables; spices; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products soya-based products, mineral water, high protein foods etc. Since liberalization in Aug’91 proposals for projects o, f have been proposed in various segments of the food and agro-processing industry. Besides this, Govt. has also approved proposals for joint ventures; foreign collaboration, industrial licenses and 100% export oriented units envisaging an investment. Out of this, foreign investment is over Rs.10,000 crores.

India’s exports of Processed Food was Rs. 31,204.78 Crores in 2019-20, which including the share of products like
Mango Pulp Rs. 584.32 Crores
Processed Vegetables Rs. 2760.53
Cucumber and Gherkins, Prepd. & Presvd, Rs. 1241.21 Crores
Processed Fruits, Juices & Nuts Rs.3086.44 Crores
Pulses Rs.1533.74 Crores
Groundnuts Rs. 5096.39 Crores
Guargum Rs. 3871.81 Crores
Jaggery & Confectionary Rs. 1633.29 Crores
Cocoa Products Rs. 1274.34 Crores
Cereal Preparations Rs. 3871.81 Crores
Alcoholic Beverages Rs. 1648.62 Crores
Miscellaneous Preparations Rs. 4147.89 Crores
Milled Products Rs. 1064.62 Crores

The Indian food processing industry is primarily export orient. India’s geographical situation gives it the unique advantage of connectivity to Europe, the Middle East, Japan, Singapore, Thailand, Malaysia and Korea. One such example indicating India’s location advantage is the value of trade in agriculture and processed food between India and Gulf region.

Retail, one of the largest sectors in the global economy (USD 7 Trillion), is going through a transition phase in India. One of the prime factors for non-competitiveness of the food processing industry is because of the cost and quality of marketing channels. Globally more than 72% of food sales occur through super stores. India presents a huge opportunity and is all set for a big retail revolution. India is the least saturated of global markets with a small organized retail and also the least competitive of all global markets.