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India to push for banana exports to Russia
December 31, 2024
|Financial Express Mumbai
AFTER ACHIEVING SUCCESS in banana exports to Europe and West Asia, the government is now eyeing the Russian market, currently dominated by Ecuador, a senior official said on Monday.
Russia imports bananas worth $1 billion annually, and India is aiming to capture a significant share of this market. India plans to leverage the sea protocol for banana exports, established in 2023, to tap into the Russian market. The protocol was first tested with a trial shipment to the Netherlands in December 2023, followed by initial shipments to Russia in February 2024.
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