ETHICAL CHANGES IN BUSINESS OF SPICES EXPORT

WTC Jaipur organized a webinar on 'Understanding the Ethical Changes in business of spices export from India' on 25th May 2020. World today is looking at India as a potential manufacturing and trading partner in all product categories and with government initiatives this could be a game changer for majority of manufacturing and service providers who are today looking at venturing into exports for a very long time and leverage upon their production capabilities and quality standards they have bench marked over the last decade. In this regard the business of spices as a premier product in trade throws immense possibilities of consistent export from India.

Welcoming the participants and guest speakers, Mr. Vijay Kalantri, Chairman WTC Jaipur said "given the scenario of rising global opportunities, agricultural sector has the potential to significantly add to Indian Farm exports. To realize the dream technological advancement and Digital Innovation is the key. We need to focus on
supply chain management and design cost saving warehousing solutions. This is also a timed opportunity for startups in Agri sector to support the existing framework by bringing in the much-needed research capabilities and scientific methods of cultivation for better harvests."

Mr. V.K. Sharma, Director MSME- DI Jaipur said "there is a huge potential in monetizing the number of farmers getting linked through FPOs. The FPO structure is currently in need of assistance and government policies are exactly aimed to create a conducive environment for them to function, to enable them to secure business
insight and develop market connectivity."

Guest speaker Mr. Gaurav Surana, Liaison officer, Spices Board of India, Jodhpur, gave a presentation on spices export where he explained India's exports of spices has witnessed a growth by 10 per cent to $ 3.7 billion (approx. Rs 28,100 crore) in 2019-20 on account of healthy demand in the markets of developed as well as developing countries.The exports stood at $ 3.32 billion in 2018 -19 and given the scenario there is room for ample growth both in terms of production and exports. Major exported spices were chilli, cumin, pepper, coriander and garlic amongst others.

Mr. Shyam Jajoo, Director, M/s. S.R.K. Spices Pvt. Ltd., Jodhpur Rajasthan, Mr. Pankaj Baheti, Director, M/s. Kasa Infra Ltd., Spices Park Jodhpur, Rajasthan, and Mr. Anurag Garg, Vice president - Laghu Udhyog Bharti and Zonal President -Federation of Rajasthan Trade and Industry) shared the industry perspective of spices exports during the webinar. Mr. Rais Ahmed, Director-JIESM, Jodhpur gave solutions to logistics problems in spices trade. During the webinar Mr. Dinesh
Soni, Assistant Director- MSME DI Jaipur elaborated on the MSME Champions portal launched by the Ministry of MSME support businesses across the country.

Webinar concluded with active response by guest speakers to queries
raised by more than 100 participants attending.