In 2020, India exported 497,550 tons of chili, 206,400 tons of cumin, 175,600 tons of turmeric, and 930 tons of cardamom. From April 2020 to February 2021, India exported $3.56 billion worth of spices.
The edible oil market in India was 24.7 million tons in 2023. The market is expected to grow at a compound annual growth rate (CAGR) of 1.35% from 2024 to 2032.
In 2022-23, India produced 11.14 million tonnes of spices, a slight increase from 11.12 million tonnes in 2021-22.
India exported spices worth USD 4.46 billion in FY 2023-24, reaching an all-time high.
Over 40 startups in India secured approximately $787.28 million in funding from December 9-14, 2024, with notable contributions from Amazon, which pledged $120 million for digitizing manufacturing
As of April 2024, India's cement capacity is 553 million tons per annum (MTPA). By the end of the financial year 2024, the capacity is expected to increase to 586-589 MTPA