India leads globally as the largest producer, consumer, and exporter of spices. Overall spice exports have shown steady growth with a 5-year CAGR of 5.2% . In the last decade, India’s spice exports increased from US$ 2.4 billion in 2013-14 to US$ 4.2 billion in 2023-24, indicating a sharp rise...
An imbalance in demand and supply is driving the prices of spices in the domestic market to a record high. Changing weather patterns, low crop yield, increasing demand for spices, heat-wave, poor transportation (due to cyclone Biparjoy) and negative impact of erratic monsoon rains have been major causes of this...
Rajiv Warrier, CEO-GCC at Choithrams, spoke with IBT exclusively on the prospects of Indian organic food creating a niche in the Middle Eastern market, popularity of online retail stores and the quick grocery delivery. The industry pioneer putforth his skepticisim on the rising competition of quick door-step delivery and says...
MDH, or Mahashian Di Hatti, has its humble beginnings dating back to pre-partition era. What began as a simple objective to provide India with unadulterated, fresh spices, has now spawned into one of the most recognised spice brands across the world. MDH, standing firm on its promise, delivers vast range...
Shrenik Ghodawat, the 2nd generation entrepreneur of Sanjay Ghodawat Group (SGG) and MD, Ghodawat Consumer Ltd., has been a part of company’s business operations since he was 19 years old. As of 2022, Shrenik is spearheading different verticals of the company. Speaking with IBT, the “Inspiring Entrepreneur of the Year”...
Integrating traditional farming with modern food processing techniques, Sterling Groceries Pvt Ltd is a leading exporter, dealer, and manufacturer of a range of food products in India. It is inspired by ancient Indian cuisines and authentic recipes and offers the rich flavours of India to customers in various countries such...
Brimming with intense exposure in the Indian spice industry, Mr Ramanlal Jamnadas Jhaveri set up Jhaveri Spices Pvt Ltd in 1958 and started manufacturing these spices on a mass scale in Mumbai. Over the span of the last 6 decades, the brand has developed and evolved through its design, methodology,...
Established in 1996, ISO & HACCP certified Savour India Private Ltd offers myriad breakfast cereals, soy /soya products and spices. It has successfully managed to establish its presence in the Middle East, USA, Japan, Canada, and Nepal. India is endowed with a distinctive topography that encompasses landscapes as diverse as...
Leveraging India’s strengths in spice production, Nani Agro Foods offers an unmatched basket of offerings for the extensive range of spices, in whole or powdered form. With the firm conviction that spices are to food what the soul is to the body, the company caters to a spectrum of customers...
Starting as a retail shop in Khari Baoli, Chukde Spices now is a manufacturer cum merchant exporter with a diverse and ever expanding portfolio of Whole Spices, Powdered Spices, Blended Spices, and Ready-to-Eat Spice Mixes, Instant Dessert Mixes and Edible Seeds. Its focus on stringent quality standards has made Chukde...
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