Index Investing News
Saturday, June 13, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

‘Embrace technology, innovation to strengthen India’s Spice trade’

by Index Investing News
January 21, 2023
in Financial
Reading Time: 3 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter


The sixth edition of the International Spice Conference (ISC) organized All-India Spices Exporters Forum (AISEF) featured discussions on problems faced by spice industry in the post-Covid era, adapting to the emerging consumer behaviour trends, product innovation and digital technology-assisted transformations in the sector.

The Covid pandemic and restrictions had a catastrophic effect on different sectors of food, agri-business and spice trade. It manifested in many forms such as disruption of market and supply chain, financial impact on firms, tighter global market, limited crop supply, commodity price rise and trade imbalances. The conference is held on the theme ‘Reboot and Rebound’ chiefly with the objective to devise time-bound and tailored solutions since the problems faced by spice industry are heterogenous, Emmanuel Nambusseril, Vice Chairman, AISEF said.

Logistical challenges within supply chains, particularly cross-border and domestic restrictions of movement, as well as labour issues, led to disruptions in the food supply. Overall, exports of spices from India to China, West Asia, and the EU have been greatly affected.

Stringent regulations to curb adulteration along with increased buyer requirements for sustainably sourced spices call for sensitizing unorganized sectors about regulatory compliance and building capability to produce food safe spices.

ISC special sessions on consumer behaviour and needs focused on unlearning inertia, achieving product compliance and steering the digital transformation.

Shifting preferences

Consumer preferences are also shifting towards a digitalized approach to their food choices. Most spice companies still use online/digital platforms for domestic sales, rather than for export shipments, Prakash Namboodiri, Commercial Director, AB Mauri India said.

The discussions offered some finest solutions for the spice industry, like e-commerce for exports, building the right infrastructure and intensively managed agro-ecosystem to adapt and succeed in the new world order.

The scientific session on advanced digital technologies provided a range of solutions for spices and herb producers, such as remote measurement of soil conditions, better water management, forecasts of pest and disease emergence, and crop monitoring.

Exhibitors from the spice industry across the world are showcasing their products and services covering all facets of the industry in more than 125 Booths at the exhibition held as part of the event.

SHARE

  • Copy link
  • Email
  • Facebook
  • Twitter
  • Telegram
  • LinkedIn
  • WhatsApp
  • Reddit

Published on January 21, 2023





Source link

Tags: embraceIndiasinnovationSpicestrengthenTechnologytrade
ShareTweetShareShare
Previous Post

Can You Put Offers on Multiple Houses?

Next Post

Have celebs learned their lesson from the FTX debacle?

Related Posts

Hotel approved for Ben Gurion Airport

Hotel approved for Ben Gurion Airport

by Index Investing News
June 12, 2026
0

The eight-floor hotel will be constructed on top of a new hold baggage screening building next to Terminal 3. ...

Moët Hennessy eyes bigger whisky play in India; launches Glenmorangie The Lasanta 15 Years Old

Moët Hennessy eyes bigger whisky play in India; launches Glenmorangie The Lasanta 15 Years Old

by Index Investing News
June 8, 2026
0

Highland single malt Scotch whisky brand Glenmorangie has launched The Lasanta 15 Years Old in India, completing its evolved age-led...

Blue Origin’s explosion just made SpaceX even harder to catch

Blue Origin’s explosion just made SpaceX even harder to catch

by Index Investing News
June 4, 2026
0

Every company that runs away with a market eventually needs one thing it can never admit to wanting: a real...

Rescuers say a blast at a building storing explosives in Myanmar has killed more than 45 people

Rescuers say a blast at a building storing explosives in Myanmar has killed more than 45 people

by Index Investing News
May 31, 2026
0

BANGKOK: A blast on Sunday at a building in northeastern Myanmar said to have been storing explosives for mining has...

Ex-Disney star Hilary Duff warns saying yes too much actually hurt her career: ‘Just because something is a good paycheck, it doesn’t mean it’s right’

Ex-Disney star Hilary Duff warns saying yes too much actually hurt her career: ‘Just because something is a good paycheck, it doesn’t mean it’s right’

by Index Investing News
May 27, 2026
0

Hilary Duff was catapulted into stardom as the lead of Disney Channel’s Lizzie McGuire when she was just 13, and...

Next Post
Have celebs learned their lesson from the FTX debacle?

Have celebs learned their lesson from the FTX debacle?

Compass’ Phillip Salem Shares Their Path From Fashion To Real Estate

Compass' Phillip Salem Shares Their Path From Fashion To Real Estate

RECOMMENDED

Kroger (KR) Q4 2022 Earnings: Key financials and quarterly highlights

Kroger (KR) Q4 2022 Earnings: Key financials and quarterly highlights

March 2, 2023
Lightricks expands to image editing for desktop

Lightricks expands to image editing for desktop

December 23, 2022
Chris Hemsworth shares new image of Warlord Dementus

Chris Hemsworth shares new image of Warlord Dementus

March 6, 2024
Salesforce positive aspects momentum as AI technique resonates with purchasers: Wedbush

Salesforce positive aspects momentum as AI technique resonates with purchasers: Wedbush

September 29, 2024
How a Particular Lease Transforms This Deal Right into a No-Brainer

How a Particular Lease Transforms This Deal Right into a No-Brainer

April 21, 2025
Marriott’s CEO spoke out about DEI. The following day, he had 40,000 emails from his associates

Marriott’s CEO spoke out about DEI. The following day, he had 40,000 emails from his associates

April 18, 2025
Catalans Dragons 66-20 Leeds Rhinos: French side clinch Wheelchair Challenge Cup final victory | Rugby League News

Catalans Dragons 66-20 Leeds Rhinos: French side clinch Wheelchair Challenge Cup final victory | Rugby League News

August 20, 2023
Vodafone Idea’s New Funding To Be Used For Capex, Payment Of Vendor Overdues, Says CEO Akshaya Moondra

Vodafone Idea’s New Funding To Be Used For Capex, Payment Of Vendor Overdues, Says CEO Akshaya Moondra

November 5, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In