Xlth World Spice Congress held last week at Pune will usher in a major reforms for promotion of Indian spices as envisaged by experts in this field, if the words of Dr AS Jayatilak Chairman of the Spices Board of India are to be believed.
Jeera futures likely to open lower on Tuesday on weak demand from the domestic as well as overseas buyers. Also, favourable weather conditions and thereby better crop expectation may support bears in the market.
Food ingredients like pepper, chilli powder, even turmeric powder are handy tools that can be changed into powerful weapons when time demands. Spices have been used since ancient times as self defence and this is being revived now.
India spices industry, biggest producer and exporter in the world, facing challenges over food safety,sustainability and traceability.
