Dhriti Mukherjee Pipli

NEW DELHI, April 17, 2026 — Chirag Paswan, Union minister for food processing industries called for a transition from volume to value in India’s spice industry as he addressed the “Bharat Spices Conclave 2026,” organized by PHD Chamber of Commerce and Industry (PHDCCI) .
Speaking as chief guest, the highlighted spices as a historic pillar of India’s trade and said the sector now holds untapped potential beyond traditional culinary uses. He urged stakeholders to focus on food processing, innovation and deeper global market integration to expand India’s footprint.
Paswan said the government is working to improve ease of doing business through policy reforms and invited industry recommendations to accelerate growth. He pointed to 100% foreign direct investment in food processing and schemes such as PMFME as key measures to strengthen the value chain and support entrepreneurship.
Emphasizing quality, he said consistent standards are essential to build global trust and reduce export rejections. He also highlighted emerging opportunities in nutraceuticals, wellness products and value-added spice segments, calling for greater investment in research and technology. He reiterated the vision of positioning India as a global food basket and said the spice sector will play a significant role in achieving the goal of Viksit Bharat 2047.
The event featured discussions on strengthening the spice value chain, expanding exports, promoting innovation and sustainability, and outlining strategies to double India’s spice economy. It was supported by the Ministry of Food Processing Industries and Food Safety and Standards Authority of India, with participation from industry representatives, policymakers and experts.
Anil Rajput, Chair, Food Processing Committee, PHDCCI, said India produces more than 60 of the world’s 109 recognized spices and exports to over 200 countries. He stressed the need to reposition spices as high-value products that can boost farmer incomes, support MSMEs and strengthen Brand India.
Rajput outlined priorities including stronger farmer integration into value chains, increased research and development, sustainable practices such as residue-free and organic production, and enhanced public-private collaboration. He added that rising global demand for health-focused and natural products presents significant opportunities for Indian spices, particularly in nutraceuticals and functional foods.
J D Desai, Co-Chair, Food Processing Committee, PHDCCI, said the conclave aims to link India’s heritage with a future-ready food processing industry, emphasizing innovation, sustainability and capacity building for farmers and small businesses.
Dr. Ranjeet Mehta, CEO & Secretary General, PHDCCI, Mehta said India’s strengths in scale and heritage must now be complemented by stronger global branding and quality systems. He added that the conclave seeks to align government and industry toward a shared vision of making India a leader in the global spice economy.
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