Turmeric

Targeted steps needed to boost turmeric exports to $1 bn by 2030: Report

India needs to implement targeted interventions to stabilise turmeric production and empower farmers to achieve its goal of USD 1 billion in turmeric exports by 2030, according to a report released by ICRIER-Amway. The report, released a day after the launch of the National Turmeric Board in Telangana's Nizamabad, outlines strategies to strengthen India's position as a global turmeric producer and exporter, ICRIER Director Deepak Mishra said after unveiling the report on Wednesday. Establishing a single nodal agency like the National Turmeric Board can ensure quality standards, traceability and streamline certification and testing processes, the report added. Once the domestic quality and standards are in order, signing mutual recognition agreements for standards and certification for both fresh and processed turmeric with key export markets can reduce the compliance burden and enhance trade. "Subsidies should be linked to help develop high-end product value chains," the report ...

Price fluctuations, export standards key hurdles for turmeric mkt: Report

Commerce Minister Piyush Goyal formally launches National Turmeric Board

Looking to double turmeric production to 2 million in 5 years: Piyush Goyal

The National Turmeric Board will help develop new markets internationally to promote exports and double production to about 20 lakh tonnes in the next five years, Commerce and Industry Minister Piyush Goyal said on Tuesday. Inaugurating the Board, he also said that it will promote research and development into new products and develop on the country's traditional knowledge for value-added turmeric products. "Turmeric is also called as golden spice. India accounts for 70 per cent of global turmeric production... We are looking to double the production to 20 lakh tonnes in five years," he told reporters here. The government in October notified the constitution of the National Turmeric Board. It will focus on the development and growth of turmeric and turmeric products in the country. India is the largest producer, consumer and exporter of turmeric in the world. In the year 2022-23, an area of 3.24 lakh hectares was under turmeric cultivation in India with a production of 11.61 lakh

Ramdev signs MoU with 3 FPOs to buy turmeric grown in UP's Bahraich

Under Uttar Pradesh's One District-One Product' scheme, Yoga guru Ramdev has decided to buy turmeric grown in the Bahraich district. Ramdev has signed an agreement with three Farmer Producer Organisations (FPOs) of the district at Patanjali Yogpeeth on Saturday. A senior official on Monday said that under the agreement, Ramdev will buy 50,000 tonnes of turmeric from Bahraich every year. "Bahraich district was selected for products made from turmeric in the One District-One Product' (ODOP) scheme, Bahraich District Magistrate Monica Rani on Monday told PTI. The DM said that it is the result of Chief Minister Yogi Adityanath's efforts for the farmers that the Yoga guru has come forward to buy turmeric from Bahraich. The area of Mihipurwa tehsil connected to Katarniaghat Wildlife Sanctuary in the district is an ideal place for agriculture as it is rich in natural resources, has fertile land and favorable climate, she said. Turmeric, jimikand (Elephant Foot Yam) and green vegetables

TMSEp564: Turmeric problem, EVs vs IGL, Prashant Jain, Ozempic effect

How big is India's adulterated turmeric problem? Will EVs eat into IGL's future? What does Prashant Jain think of markets in Samvat 2080? What is the Ozempic effect? All answers here

Govt forms National Turmeric Board, aims to boost sector's global dominance

India holds the title for being the world's largest producer, consumer, and exporter of turmeric

Centre establishes National Turmeric Board, expected to reach $1 bn by 2030

National Turmeric Board to increase awareness and consumption of turmeric and develop new markets internationally to increase exports

PM Modi launches infra projects worth Rs 13,500 crore in Telangana

He also said the Centre has decided to set up a National Turmeric Board for the benefit of turmeric farmers

After tomato and cumin seeds, turmeric prices soar on delayed sowing

Usually, turmeric is grown over 290,000-330,000 hectares of land

The rich medicinal values of turmeric: Chhattisgarh is creating treasure

Sensing the favourable condition for spice cultivation in the state, the Chhattisgarh government is promoting farmers to pursue the crop as part of a diversification strategy

PAC sees no unusual price change, rejects call for ban on turmeric futures

Finds that even though prices vary between different grades, overall price trend remains more or less same, making the availability of reference price crucial

Emami Agrotech enters spice business, eyes Rs 700-1,000 cr revenue in 5 yrs

Mantra Spices brand includes turmeric, chilli, cumin and coriander powders, and a range of blended masalas; firm plans to tap 200,000 outlets by this year end, 500,000 in next three years

Turmeric futures up 1.97% on spot demand

Turmeric futures up 1.97% on spot demand

Science or Snake Oil: Can turmeric shrink tumours and kill bacteria?

Curcumin has been widely studied in relation to numerous ailments