New Delhi, Feb. 12 -- The United States has established a commanding presence in India's dry fruit market, much like China's dominance in global electronics.
American almonds alone account for nearly 93 per cent of India's imports, valued at over USD 1 billion in the past year. Similarly, 84 per cent of India's pistachio imports come from the US.
A surge in health-conscious consumers and rising incomes has fuelled the demand for dry fruits in India. However, domestic production remains insufficient to meet the growing need.
According to the US Department of Agriculture, India's almond production for the 2024-25 season (August-July) is estimated at 4,150 tonnes, while imports are projected to reach 1.9 lakh tonnes.
Since 2008, almond i...
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