June 21, 2013
India''s corn exports rise by 24% in 2012-13
Due to adequate domestic supply and traders adopting better packaging practices to meet global standards, India''s corn exports rose by 24% to 4.78 million tonnes in the 2012-13 fiscal.
The country had exported 3.85 million tonnes of corn in the previous fiscal.
"There has been a substantial increase in corn exports. Production was higher and exporters took measures to improve packaging practices to meet the global standards of shipment," Indian Corn Development Association President Sain Das said on the sidelines of an event here.
As per the data maintained by the Directorate General of Commercial Intelligence and Statistics (DGCIS), corn exports increased in value terms to US$1,302 million in 2012-13, as against US$1,075.70 million in the previous year.
Stating that corn production is on rise every year, Das said production in the 2013-14 crop year (July-June) is expected to increase to 23 million tonnes, as against 21.82 million tonnes in the 2012-13 crop year.
Timely monsoon, adoption of improved technologies like single-cross hybrids and crop management practices would help increase overall production of corn this year, he said.
Corn is cultivated twice a year, during summer and winter. India is Asia''s largest exporter of the grain, with a major contribution coming from the summer crop. Karnataka, Maharashtra, Rajasthan and Andhra Pradesh are major producers of corn crop in the country.