Government launches SPICED scheme to boost turmeric exports globally

K N Mishra

    13/Aug/2025

What's covered under the Article:

  1. Government promotes turmeric exports with SPICED scheme focusing on quality, value addition, and global market expansion.

  2. National Turmeric Board works on new products, market awareness, infrastructure, and sustainable supply chains.

  3. India remains the largest turmeric exporter with major markets in Bangladesh, UAE, USA, Malaysia, and Morocco.

The Government of India is actively working to enhance the export potential of turmeric and other spices through a targeted initiative called the Sustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development (SPICED) scheme. This programme, implemented by the Spices Board, aims to position Indian turmeric as a global leader in quality, innovation, and sustainable trade.

Under the SPICED scheme, several programmes have been launched to address every stage of the export process. These include implementing strict food safety and quality assurance mechanisms, assisting farmers and processors with post-harvest quality upgrades, and supporting initiatives for processing and value addition. The scheme also organises training sessions for stakeholders, empowering them to produce export-ready turmeric that meets the expectations of global markets.

One of the primary objectives of the scheme is to ensure that export consignments of turmeric comply with the quality standards of importing countries. To achieve this, consignments are thoroughly evaluated in quality evaluation laboratories before shipment. The government also facilitates domestic and international Buyer-Seller Meets, creating direct market connections between farmers, exporters, and international buyers.

Recognising turmeric’s global appeal and its potential in medicinal, cosmetic, and culinary applications, the National Turmeric Board was officially established on October 4, 2023. This specialised body focuses exclusively on promoting the growth, innovation, and export of turmeric and its value-added products.

The National Turmeric Board has multiple objectives that complement the SPICED scheme. These include:

  • Promoting new product development and expanding value addition in turmeric.

  • Raising awareness about turmeric’s benefits and increasing its consumption in international markets.

  • Conducting market research in emerging export destinations to identify demand patterns and growth opportunities.

  • Improving infrastructure and logistics to ensure efficient and timely delivery of turmeric shipments.

  • Building resilient and sustainable supply chains to withstand global market fluctuations.

  • Ensuring compliance with international quality and safety standards.

  • Promoting capacity building and skill development among turmeric growers.

  • Strengthening documentation of traditional knowledge related to turmeric’s uses and benefits.

  • Encouraging scientific research into turmeric’s medicinal properties and potential health applications.

India’s leadership in the global turmeric market is evident from its share of world turmeric exports, which has consistently ranged from 58% to 66% between 2020 and 2024. The country recorded its highest turmeric export value in 2024, amounting to US$ 333.25 million.

The top five importers of Indian turmeric since 2020 are Bangladesh, the United Arab Emirates (UAE), the United States of America (USA), Malaysia, and Morocco. These markets have shown sustained demand for Indian turmeric, thanks to its superior quality, rich colour, and high curcumin content.

The SPICED scheme and the National Turmeric Board together form a comprehensive framework for the development of India’s turmeric sector. By focusing on value addition, product innovation, supply chain efficiency, and market expansion, the government aims to strengthen the livelihoods of turmeric farmers, boost rural employment, and enhance India’s position as the global hub for turmeric production and exports.

The scheme’s support in post-harvest processes is particularly significant. It ensures that turmeric is dried, cleaned, and processed under internationally accepted food safety protocols. This not only maintains the natural qualities of turmeric but also increases its shelf life, making it more attractive for distant markets.

The government is also encouraging entrepreneurship in the turmeric sector, offering assistance to startups and small-scale businesses engaged in turmeric processing, packaging, and branding. This creates opportunities for innovative turmeric-based products, including dietary supplements, herbal cosmetics, ready-to-use spice mixes, and functional beverages.

By maintaining a strict quality assurance system and aligning with the requirements of importing countries, India ensures that its turmeric commands a premium price in the global marketplace. The integration of traditional agricultural practices with modern processing techniques under the SPICED scheme strengthens the overall competitiveness of Indian turmeric.

In conclusion, the SPICED scheme and the National Turmeric Board are pivotal in shaping the future of India’s turmeric exports. With targeted interventions in quality improvement, value addition, and market linkages, these initiatives not only boost export revenue but also uphold India’s cultural and agricultural heritage. As demand for high-quality turmeric continues to grow worldwide, these measures ensure that India remains the undisputed leader in turmeric production and trade for years to come.


The Upcoming IPOs in this week and coming weeks are LGT Business ConnextionsVikram SolarGem AromaticsStudio LSDShreeji Shipping GlobalPatel Retail.


The Current active IPO are Regaal ResourcesMahendra Realtors and InfrastructureBluestone Jewellery and LifestyleIcodex Publishing Solutions.


Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.


Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.

Related News

Disclaimer

The information provided on this website is for educational and informational purposes only and should not be considered as financial advice, investment advice, or trading recommendations.

Trading in stocks, forex, commodities, cryptocurrencies, or any other financial instruments involves high risk and may not be suitable for all investors. Prices can fluctuate rapidly, and there is a possibility of losing part or all of your invested capital.

We do not guarantee any profits, returns, or outcomes from the use of our website, services, or tools. Past performance is not indicative of future results.

You are solely responsible for your investment and trading decisions. Before making any financial commitment, it is strongly recommended to consult with a qualified financial advisor or do your own research.

By accessing or using this website, you acknowledge that you have read, understood, and agree to this disclaimer. The website owners, partners, or affiliates shall not be held liable for any direct or indirect loss or damage arising from the use of information, tools, or services provided here.

onlyfans leakedonlyfan leaksonlyfans leaked videos