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The Indian spice trade group, represented by the Federation of Indian Spice Stakeholders (FISS), is apprehensive about a potential significant decline in spice exports by up to 40% due to heightened scrutiny surrounding the pesticide ethylene oxide (ETO). This concern arises following contamination allegations against two major Indian spice brands, MDH and Everest, which have faced international backlash over the use of ETO.
While the FISS maintains that ETO is safe, other countries view it as a cancer risk with prolonged exposure, leading to export orders being halted in various nations like Britain, the U.S, New Zealand, and Australia. The controversy has prompted increased inspections and restrictions on Indian spice imports, with the British Food Standards Agency implementing additional checks, reflecting a challenging period for India's spice industry amidst global concerns over pesticide residues[1][2][4].
Citations:
[1] https://indianexpress.com/article/india/indian-spice-trade-group-exports-plunge-eto-pesticide-scrutiny-9335759/
[2] https://www.reuters.com/world/india/indian-spice-trade-group-fears-plunge-exports-due-eto-pesticide-scrutiny-2024-05-17/
[3] https://gulfnews.com/business/retail/india-inspects-spice-companies-after-contamination-claims-1.1716286390856
[4] https://in.marketscreener.com/quote/stock/EVEREST-GROUP-LTD-14215/news/UK-tightens-scrutiny-of-all-Indian-spice-imports-amid-contamination-allegations-46744369/
[5] https://health.economictimes.indiatimes.com/news/industry/nepal-returns-to-locally-manufactured-spices-after-fear-of-ethylene-oxide/110248874
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