India has the potential to increase exports of organic products up to Rs 20,000 crore in the next three years, Commerce and Industry Minister Piyush Goyal said on Thursday.
He said this while releasing the eighth edition of National Programme for Organic Production (NPOP) with new regulations aimed at enhancing clarity and transparency in organic product standards as well as aligning with global standards.
“Currently, our organic product exports are at Rs 5,000-6,000 crore. In the next three years, we can easily achieve Rs 20,000 crore exports, about 3-3.5 times increase from the current level,” Goyal said at an event organised in partnership with industry body Ficci.
He said the global demand for these products is about Rs 1 trillion, which can grow up to Rs 10 trillion in the coming years, a unique opportunity India should not miss.
India already has one of the largest numbers of farmers in the world undertaking organic farming.
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