Rise In Demand For Indian Agri Products In The Middle East
The demand for Indian
Agri products is rising in the Middle East. With a population of about 340
million, Saudi Arabia’s farming sector is relatively small, but the country is
restructuring its agricultural business to meet its growing food needs. Demand
for Indian Agri products such as turmeric, tea, and coffee is also on the rise.
India’s
Growing Trade with the Middle East
India
has always been an essential player in the global market, and its Agri products
have been in demand for centuries. In recent years, however, the country’s
trade with the Middle East has grown exponentially.
The
demand for Indian Agri products in the Middle East is driven by a number of
factors. Firstly, the region’s population is growing at a rapid pace, and with
it, the demand for food. Secondly, many countries in the Middle East are
undergoing economic reforms, which are opening up new markets for Indian
exports. Finally, India’s strong relations with Gulf countries are also helping
to boost trade.
In
2016-17, India’s exports to the Middle East stood at $27.3 billion, and this is
only set to grow in the coming years. The country’s Agri products have emerged
as one of the most sought-after Agri commodities in the region, and this trend
looks set to continue.
Indian
Agri products ‘in demand’ in the Middle East
The
Middle East is a key market for Indian agriculture products, with demand for
items such as rice, spices, and pulses on the rise. According to the Indian
Ministry of Agriculture, the region is India’s second-largest destination for
Agri exports, with sales totaling $5.4 billion in 201-17.
There
are several reasons for the growing demand for Indian Agri products in the Middle East. One
is the region’s large population and growing middle class, increasingly
demanding higher-quality food items. Another reason is the preference for
Indian products among Arab consumers, who view them as being more authentic
than other options on the market.
Indian Agribusinesses are
well-positioned to capitalize on this growing demand. They have established
strong relationships with buyers in the region and have developed a reputation
for providing high-quality products. As the Middle East continues to grow
economically, it is likely that demand for Indian Agri products will continue
to increase.
Why
Indian Agri products are in demand?
The
Indian agriculture sector is one of the most important pillars of the country’s
economy. It employs more than half of India’s workforce and contributes around
15% to the country’s GDP. The sector is also a major contributor to the
country’s exports.
One
of the reasons why Indian Agri products are in demand is because of the high
quality of the products. Indian farmers use traditional methods of farming that
have been passed down from generation to generation. This results in products
that are not only fresh and nutritious but also have a unique flavor.
Another
reason for the high demand for Indian
Agri products is the large variety that is available. India is a land of
diversity, and this is reflected in the wide range of agricultural products
that are grown in the country. This includes everything from grains and pulses
to fruits and vegetables.
The
third reason why Indian Agri products are in demand is that they are
competitively priced. India has a large population, which gives the country a
natural advantage when it comes to pricing. In addition, the government has
introduced a number of initiatives to support the agricultural sector, which
has helped to keep prices down.
The
combination of high quality, wide variety, and competitive pricing makes Indian
Agri products a great choice for consumers.
Impact
On The economy
The
rise in demand for Indian Agri products in the Middle East is having a positive
impact on the Indian economy. India is one of the world’s leading producers
of agricultural products, and the increased demand from
the Middle East is helping to boost the country’s economy. In addition to the
direct economic benefits, the increased demand for Indian Agri products is also
helping to create new jobs and businesses in the country. The rise in demand
for Indian Agri products is good news for the Indian economy, and it is hoped
that this trend will continue in the future.
Conclusion
Overall, there is more than enough opportunity for Indian agri-products to enter this untapped market. This is because the need for quality good food products has never been greater. India’s hunger for increased quantities of oil and gas will make it more important than ever that its agriculture industry works to increase trade with the Middle East. Hopefully, these two supply sectors will be able to rely on one another in the future in order to help support each other’s needs.
Original Source: https://blog.tradologie.com/rise-in-demand-for-indian-agri-products-in-the-middle-east/
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