Telangana agriculture exports grew 40% between 2020 and 2022: Govt data

Hyderabad, Apr 10 (KNN) Telangana witnesses around 40 per cent increase in agriculture exports between 2020 and 2022, according to the data recently released by the central government.

The agriculture exports from the state stood at Rs 6,337 crore in 2020-21. In 2021-22, they rose substantially to about Rs 10,000 crore.

According to latest data, Telangana and Maharashtra are two states which have shown marked growth in agriculture exports.

In just five years, from 2017-18 to 2021-22, the agriculture exports increased from Rs 5,000 crore to Rs 10,000 crore in the state.

Telangana’s top exports include cotton, spices, cereals and meat. According to experts, the exports from Telangana have improved due to innovative methods, increased use of technology and cold storage facilities.

As per the data, cotton exports totalled Rs 3,055 crore in 2021-22, while spices, coffee and tea accounted for Rs 1,936 crore. Cereals contributed Rs 1,480 crore and meat exports accounted for Rs 268 crore. The state also exports rice, maize, lemon, grapes, mango and soyabean.

The data from the state also shows that total foreign direct investment inflows in the agriculture sector in the country have a high share from Telangana. The state attracted FDI worth Rs 3,000 crore between 2019- 2021.  (KNN Bureau)