For a sector to flower: Tapping India's vast floriculture opportunities
Studies have indicated that cultivation of flowers is more profitable than many traditional crops, especially in small and marginal farms, which constitute more than 90% of country's landholdings
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Studies have indicated that cultivation of flowers is more profitable than many traditional crops, especially in small and marginal farms, which constitute more than 90 per cent of the country’s landholdings.
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Regardless of India being the world’s second-largest producer of flowers, and the government proclaiming floriculture a 100 per cent export-oriented sunrise sector, the country’s share in the global flower market is dismally meagre. In 2023-24, India exported just 19,678 tonnes of floricultural products, worth ₹717.83 crore ($86.63 million). It amounts to merely 0.6 per cent of international trade in flowers. Besides, the bulk of the shipments generally comprise roses, lilies, carnations, and chrysanthemums. The export potential of other flowers, including some rare types of orchids and many exquisite native flowers, remains undertapped. So is the case with processed and value-added derivatives of flowers, such as dried flowers, flower-based decorative items, and high-end desi perfumes (attars) and essential oils. These products, if aptly promoted, can command a good market abroad.
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Topics : BS Opinion Horticulture Agriculture