India: economic contribution of condiments and spices

Condiments and spices accounted for about 767 billion Indian rupees in the Indian economy in fiscal year 2020. This value was an increase compared to the previous fiscal year. This sector contributed about 5.5 percent to the GVA of crops that same year, a slight increase from nearly four percent in fiscal year 2012.

Gross value added from condiments and spices in India from financial year 2012 to 2020 (in billion Indian rupees)

Characteristic	Value in billion Indian rupees
FY 2020	767
FY 2019	693
FY 2018	626
FY 2017	569
FY 2016	515
FY 2015	530
FY 2014	500
FY 2013	458
FY 2012	464

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Release date

September 2022

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Region

India

Survey time period

FY 2012 to FY 2020

Special properties

values at constant FY 2012 prices.

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2017 started in April 2016 and ended in March 2017.

One Indian rupee is equal to 0.012 U.S. dollars and 0.012 euros (as of November 2022).

Values have been rounded for clarity.

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