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Indian branded spice market set to reach Rs 50,000 crore in three years: Ramkumar Menon, Chairman, WSO - Vimarsana News

Indian branded spice market set to reach Rs 50,000 crore in three years: Ramkumar Menon, Chairman, WSO

World Spice Organisation Chairman, Ramkumar Menon, sees India's branded spice market surging to Rs 50,000 crores in three years. With a 20% share in the global spice export market, valued at USD 21 billion, India's spice exports grew by 6% in FY24. Chilli dominates global demand.

Indian branded spice market set to reach Rs 50,000 crore in three years: Ramkumar Menon, Chairman, WSO, ET Retail - Vimarsana News

Indian branded spice market set to reach Rs 50,000 crore in three years: Ramkumar Menon, Chairman, WSO, ET Retail

World Spice Organisation Chairman, Ramkumar Menon, sees India's branded spice market surging to Rs 50,000 crores in three years. With a 20% share in the global spice export market, valued at USD 21 billion, India's spice exports grew by 6% in FY24. Chilli dominates global demand.