India may export organic spices worth 2.4 billion by 2012

Tag: organic spice

India is likely to export organic spices worth 2.4 billion to 2.6 billion rupees by 2012, a senior official said on Wednesday.

The Spices Board will spend 600 million rupees for development of organic spices, especially chilli, turmeric and ginger, V.J. Kurian, chairman, Spices Board, said.

India is the world's biggest spices exporter, with exports touching an all-time high of $1.1 billion in 2007/08.