Exporters upset over new Pepper Import Policy

Spice exporters expressed hard feelings over govt decisions to move black pepper on the restricted list of items and prohibiting its import below the MIP.

Exporters feels it will damage value added exports of black pepper and other spices from India.

The move would affect export of value-added black pepper products from India – All India Spice Exporters Forum

Exporters will now have no option but to shift their base outside India, which will affect the prices of other spice items and pave the way to source from the cheapest landed cost.

There are about 20 exporting units operational in the country and with the recent amendments in the pepper import policy, they are now exploring options to set up units in countries like Vietnam, Sri Lanka, Indonesia, etc.- said Gulshan John, Former President of India Pepper and Spice Trade Association.

Source:BusinessLine

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