INDIAN spice exports in 2005/06 surpassed the $500m mark for the first time in the country's history while also achieving an all-time high in terms of rupees. Total shipments out of India stood at Rs22.95bn ($518m), registering growth of 4.3% in rupee terms and 5.6% in dollar terms over 2004/05. The average free on board unit value realisation rose to Rs71.61 per kg from Rs65.58 per kg earlier. However, volumes fell by 4.5% to 320,527 tonnes against 335,488 tonnes... Read More