Govt of India Sets Up National Turmeric Board, Aims for $1Billion Exports by 2030

In a positive development, the Indian government on Wednesday, officially established the National Turmeric Board to boost the growth of turmeric and its products. This initiative aims to boost awareness, international markets, research, and value-added products, benefitting turmeric growers.

India, a global leader in turmeric production, is set to further elevate its position in world trade with the target of achieving $1 billion in exports by 2030. India is the world's leading producer, consumer, and exporter of turmeric, accounting for over 75% of global production in 2022-23, with an output exceeding 11 lakh tonnes.

The Board's key responsibilities include raising awareness and consumption of turmeric, both domestically and internationally. The main focus is on enhancing the skills of turmeric growers, ensuring adherence to quality and food safety standards.

The Board is tasked with several crucial responsibilities. It will encourage research and innovation in creating new turmeric-derived products and preserve traditional wisdom for enhanced value-added offerings. Additionally, the Board will concentrate on enhancing the abilities and expertise of turmeric cultivators while advocating for quality and food safety standards.

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Expanding on Importance of National Turmeric Board

The National Turmeric Board is a significant development for the Indian turmeric sector, and it is expected to have several positive impacts:-

Enhanced awareness and consumption: The Board's efforts to raise awareness and utilization of turmeric, both locally and globally, will stimulate demand, benefiting turmeric farmers.

New product development: The Board's support for research and the creation of new turmeric-based products will diversify the sector, opening doors for entrepreneurial opportunities.

Value addition: By harnessing traditional knowledge for enhanced turmeric products, the Board aims to elevate the value of Indian turmeric exports, bolstering income for growers.

Skill development and capacity-building: Prioritizing the growth and proficiency of turmeric cultivators, the Board will improve the productivity and profitability of turmeric farming.

Quality standards: The Board's drive to uphold quality and food safety standards in the turmeric industry will ensure that Indian turmeric meets the stringent criteria set by global markets.

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The National Turmeric Board is a welcome development for the Indian turmeric sector. It is expected to have a significant positive impact on the livelihoods of turmeric growers, the competitiveness of the Indian turmeric industry, and the country's overall export earnings.

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