National Turmeric Board Formed by Indian Government
- 07 Oct 2023
On 4th October, 2023, the Government of India officially established the National Turmeric Board, aimed at fostering the development and expansion of the turmeric and turmeric products sector in the country.
Key Points
- Board's Purpose: The National Turmeric Board will play a pivotal role in turmeric-related matters.
- It will enhance ongoing efforts and facilitate better coordination with the Spices Board and other governmental agencies to promote the growth of the turmeric sector.
- Health and Wellness Focus: The Board will leverage this interest to raise awareness, boost consumption, explore new international markets for exports, support research and development of new products, and tap into traditional knowledge for value-added turmeric products.
- Special attention will be given to capacity building and skill development among turmeric growers to maximize value addition.
- Ensuring quality and food safety standards will be promoted, and the full potential of turmeric for the benefit of humanity will be harnessed.
- Benefits for Growers: The Board's activities are expected to improve the well-being and prosperity of turmeric growers.
- Focused efforts on value addition closer to farms will result in better returns for growers.
- Research, market development, increased consumption, and value addition initiatives will help Indian growers and processors maintain their prominent position in global markets as exporters of high-quality turmeric and its products.
- Indian Turmeric Industry: India holds the title of the world's largest producer, consumer, and exporter of turmeric.
- In the 2022-23 period, India cultivated turmeric across 3.24 lakh hectares, yielding 11.61 lakh tonnes (over 75% of global turmeric production).
- The country grows more than 30 varieties of turmeric across 20 states, with the leading producing states being Maharashtra, Telangana, Karnataka, and Tamil Nadu.
- India commands over 62% of the world trade in turmeric.
- In 2022-23, over 1.534 lakh tonnes of turmeric and turmeric products valued at $207.45 million were exported by more than 380 exporters.
- Key export markets for Indian turmeric include Bangladesh, UAE, USA, and Malaysia.