APEDA eyes to boost alcobev exports

In a bid to capitalise on domestic alcobev products’ growing popularity,  Agricultural & Processed Food Products Export Development Authority (APEDA)   is planning to promote both Indian alcoholic and non-alcoholic beverages in the international markets, and is eyeing  about Rs. 8,000 crore exports in the next few years.

In a statement, APEDA said that India currently ranks 40th in the world for alcoholic beverage exports. As per estimates, the country has huge unrealised export potential. The authority, as part of the 'Make in India' initiative, has been targeting to increase of exports of Indian spirits to major foreign destinations.

India’s major domestic alcobev products’  export destinations include UAE, Singapore, the Netherlands, Tanzania, Angola, Kenya and Rwanda.