The country's organic products' exports have the potential to jump over three-fold to Rs 20,000 crore in the next three years, Commerce and Industry Minister Piyush Goyal said
He said this while releasing the eighth edition of the National Programme for Organic Production (NPOP) with new regulations aimed at enhancing clarity and transparency in organic product standards as well as aligning with global standards.
Currently, our organic product exports are at Rs 5,000-6,000 crore. In the next three years, we can easily achieve Rs 20,000 crore exports, about 3-3.5 times increase from the current level," Goyal said.
He said the global demand for these products is about Rs 1 lakh crore, which can grow up to Rs 10 lakh crore in the coming years, a unique opportunity India should not miss.
India already has one of the largest numbers of farmers in the world undertaking organic farming.
He also asked startups to come out with solutions that help in growth of the sector.
The minister also launched five portals -- TraceNet 2.0, APEDA, NPOP, Organic Promotion and AgriXchange.
The NPOP has undergone several revisions since its inception in May 2001.
The eighth edition marks a significant update to the regulatory framework governing organic products in India, with the last revision occurring in 2014
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