India had a very successful year for spice exports in 2012/13, but this was not surprising, according to Yogesh Mehta, founder of Mumbai-based broker SpicExim. In the 12 months to March 31, 2013 India exported 699,170 tonnes of spices valued at INR111.71 billion (USD1.77 bln ) compared with 575,270 tonnes worth INR97.83 bln in 2011/12. A depreciation in the value of the rupee meant that the value in dollar terms was almost the same as in 2011/12. The year-on-year volume gain was 24%... Read More