Topic
spices
Commodities IISR and Spices Board Partner to Boost Spice Startups and Exports via Incubation
The ICAR-Indian Institute of Spices Research (IISR) has partnered with the Spices Board through its Agventure Technology Business Incubator (TBI) to support spice startups and export-oriented enterprises. The MoU establishes Agventure TBI as an incubation centre under the ASPIRE scheme, offering research commercialization, technology transfer, and market access.
Commodities CropLife India Expands Sustainable Farming Initiatives for Tea and Spices Amid Global Residue Standards
CropLife India is intensifying efforts to promote sustainable cultivation in India's tea and spice sectors to comply with stringent global pesticide residue standards, especially in the EU. Initiatives include awareness programs for small tea growers, a consolidated list of approved crop protection products for key spices, and advocacy for a crop grouping framework to expedite MRL establishment.
India's Whole Cardamom Exports More Than Triple to $436.8 Million in 2025-26, Driven by Global Demand
India's exports of whole cardamom more than tripled in value to $436.8 million in 2025-26 from $131.9 million in 2023-24, according to Commerce Ministry data. Volumes more than doubled to 16,399 tonnes. Key markets include UAE, Saudi Arabia, and Bangladesh.
Trade US anti-dumping and countervailing duties hit Indian paprika exports
The US Department of Commerce has imposed anti-dumping and countervailing duties on Indian oleoresin paprika imports, following a petition by a US manufacturer. Countervailing duties of 18.56%-25.41% apply from February 2026, while anti-dumping duties of 3.33%-4.66% are retrospective from June 2026. India exports $54.6M-$68M annually of the extract, used in food, cosmetics and spices.
Trade US overtakes China as largest buyer of Indian spices in FY26 as Chinese demand plunges
In FY26, the United States overtook China as the largest buyer of Indian spices by value, with exports to the US reaching $624.35 million. Overall Indian spice exports declined 6.1% to $4,430 million, driven by a 32% drop in shipments to China as the country boosted domestic chilli and cumin production.
Commodities NCDEX to Relaunch Black Pepper Futures on July 15 After Over a Decade
NCDEX will relaunch black pepper futures on July 15, 2026, reviving the contract suspended in 2010 due to quality disputes. The exchange has received Sebi approval and also plans to enter equity trading and mutual fund distribution.
Commodities Spices Board Invites Applications Under SPICED Scheme for 2026–27 to Boost Spices Sector
The Spices Board has invited applications for its SPICED Scheme for 2026-27, targeting expansion of cardamom cultivation, improvement of productivity, export promotion, and quality compliance. Stakeholders include exporters, farmers, and FPOs.
Commodities From Khorasan to Kashmir: Saffron Prices Surge Amid Global Supply Squeeze from West Asia Conflict
Kashmiri saffron prices have surged to ₹340-₹350/gm from ₹200-₹250/gm a year ago, driven by the West Asia conflict disrupting Iranian supplies — Iran accounts for 90% of global output — and a sharp decline in local Kashmir yields. Traders and the Saffron Growers Association report production fell to 5-10% of normal last year, pushing GI-tagged saffron to ₹380/gm and raising Iranian saffron prices to ₹190-₹200/gm. Prices are expected to remain firm amid continued supply chain uncertainty.
Manufacturing Udhampur Women's Spice Unit Advances India's Vocal for Local Push
Avilasha Salaria has launched a spice manufacturing unit in Udhampur, Jammu and Kashmir, with support from the Government of India's MIDH scheme. The venture employs eight to ten local women, produces regional specialties like garlic powder and Tikki Masala, and is being hailed as a model for women entrepreneurship under the Vocal for Local initiative.