Bovine meat exports fall by 16.3% in 2015-16
India’s bovine meat exports fell by 16.3% year-on-year to $4 billion in 2015-16, Commerce and Industry Minister Nirmala Sitharaman informed the Rajya Sabha on Wednesday. This was "on account of reasons like restriction for imports through Vietnam by China, erosion of price competitiveness due to devaluation of Brazilian currency and disturbances in importing markets – Syria, Yemen”, she said.