About Indian Spices Industry 
  • Futures
  • Spot

Spices, a heritage product for India. Its fame is older than the recorded history. Since ages Indian products always fascinated the international markets. Indian spices history is around 7000 years old. Centuries ago Rome sailed various Indian spices and other products to the various countries like Arabia and Egypt.

One of the expensive product was Indian Spices during that era.

India produces a wide range of spices. At present production is around 3.2 million tones of different spices which valued at approximately 4million US dollars. India proudly holds a prominent position in the world spice production even today.

Due to varying climate conditions from tropical to sub tropical temperature almost all spices grow splendidly in India. In reality almost all the states and union territories of India grows one or other spices.

They also play an important role in Indian economy and also in the economy of several spices producing, exporting and importing countries in the world. India marked significant 45 % of the global spices exports. From the records of International Organization for Standards, there are 109 spices globally and India produces as many as 75 different spices in various parts of the country.

In nutshell, the fascinating Indian Spices is the need for every exporting / importing country.