Coffee is one of the world’s most traded Agri-commodities. It is grown in 80 countries and exported by more than 50, with most of them based in Central and South America, Africa, and Asia.
More than 25 million coffee farmers from the emerging nations are primarily small-scale producers. Coffee production and processing employ over a hundred million people. Productivity has a huge influence on the economic growth and ecosystem of the producing regions.
Rice is a staple food crop in many countries, especially in the Asian regions from Japan in the east to Pakistan in the west. It grows in moist conditions, which are common in the Asian region. And with such climatic conditions, India and Thailand became the leading rice exporting countries during 2020.
Moreover, the world has changed drastically after the Coronavirus intervention. Surviving the virus is one thing; another is surviving its impact on the global economy.
Every nation is trying too hard to revamp the economy with some of the other methods.
India is considered ‘The Land of Spices’ as Indian Spices are world-famous for their flavor and fine texture.
The glory of Indian spices prevails all over the world and that helps India holding a commanding position in the global spice trade.
Trade is essential in supplying agri-commodities to consumers all over the world. It contributes to providing greater choice in consumer goods and plays a vital role in reducing food insecurity across the globe.
India is an agriculture dominated economy, 70% of the rural population in India is dependent on agri-goods for their livelihoods, in the last recorded term, the country produced 275 million tonnes of food grain. Agricultural industry provides business to other sectors too like the food supply industry, logistics, storage industry etc. In short, agriculture is highly responsible for economic sustainability of the country. Just not for self-sustainability, Indian food supply chain is spread globally as well. Indian government is always trying to elevate the farming sector, however for the first time ever organisations are considering the plea of suppliers as well. Private sectors are recognizing these needs in-order to create a smooth supply chain. Followed are two latest setups revolutionising agricultural trade.
