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Tage Taki Further stated that India is the house of spices since time immemorial. “Demand for India spices is due to its aroma, taste and medicinal value. Spices are one of the natural contributors to India’s export kitty and a major source of income to the country. Today spice contributes around 4% to the country’s GDP. Its prominence in recent times have gone up due to array of activities due to new technologies in the field of spice,” he said.
ASSOCHAM also felicitated key players in the spice industry for their contribution in the manufacturing excellence and outstanding entrepreneurship at a global webinar – Local to Global –Spices of India and Excellence awards.