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India’s Cooperative Export Ambitions: Amit Shah Sets Rs 2 Lakh Crore Target to Empower Rural Economies

By Manbir Sandhu , 8 May 2025
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In a strategic move to transform India’s cooperative sector into a global trade powerhouse, Union Home and Cooperation Minister Amit Shah has tasked the National Cooperative Exports Ltd (NCEL) with achieving an ambitious export target of Rs 2 lakh crore. The directive came during a high-level review meeting of three national cooperative bodies formed in 2023. The minister outlined actionable goals, including exploring untapped agri-export opportunities, developing new seed varieties, and expanding global presence. With a push toward value addition, self-reliance, and reinvestment into rural cooperatives, the plan aims to enhance profitability and bolster India’s cooperative-based economic model.

 

NCEL: Pioneering India's Cooperative Export Future

The National Cooperative Exports Ltd (NCEL), established under the Multi-State Cooperative Societies Act, has emerged as a central pillar in India’s evolving export architecture. In FY 2024–25, NCEL reported a turnover of Rs 4,283 crore and net profits of Rs 122 crore, exporting to 28 countries and partnering with 61 importers across Senegal, Indonesia, and Nepal.

In his directive, Minister Shah emphasized that all cooperative-origin exports should be routed through NCEL. This centralized model, he argued, would channel Rs 20,000–30,000 crore in turnover and post-tax profits directly back to grassroots cooperatives — a reinvestment that would strengthen India's rural economic base and reduce the exploitation of farmers in global trade.

 

Diversification of Exports and Strategic Global Expansion

To meet the Rs 2 lakh crore export milestone, NCEL has been asked to identify and scale three new export-ready but underutilized commodities. Shah recommended sugar from cooperative mills, aromatic rice from Tripura, organic cotton, and coarse grains as high-potential products.

The minister also underscored the importance of targeting new international markets by proposing that NCEL establish overseas offices in Africa and Myanmar — strategic hubs for pulse imports and agricultural trade diplomacy. Additional opportunities include leveraging partnerships with major Indian corporations to export fresh vegetables to Gulf nations and processing-grade potatoes to new markets.

 

Bharat Organics: Branding India’s Cooperative Produce

In parallel, the National Cooperative Organics Limited (NCOL), which retails organic goods under the “Bharat Organics” label, has been tasked with surpassing a turnover of Rs 300 crore in FY 2025–26. Already partnered with platforms like Amul and BigBasket, NCOL will soon scale its presence to Reliance Retail outlets across the country.

Shah also directed NCOL to build state-level federations of certified organic farmers and integrate them into a national framework. The idea is to create traceable, scalable, and credible supply chains that can deliver premium organic products while ensuring fair income for cultivators.

 

Seed Sovereignty Through BBSSL Innovation

The Indian Seed Cooperative Society Limited (BBSSL), also known as "Seeds of India," has been given a vital mandate to strengthen agricultural self-reliance. Shah instructed the cooperative to focus on developing climate-resilient seed varieties, such as high-sugar, low-water sugarcane and short-maturity legumes like tur and urad. The Seed Research Centre in Kalol, Gujarat will spearhead this innovation.

In addition, BBSSL has been asked to scale tissue culture facilities in top banana-producing states to ensure access to genetically superior planting material. Another key focus is the expansion of fodder seed production and potato seed development tailored to processing requirements like French fries — a move aligned with India’s rising agri-processing sector.

 

Institutional Coordination and Policy Synchronization

To ensure seamless execution, Shah has instructed the Ministry of Cooperation to work closely with the Ministry of Agriculture to guarantee timely supply of breeder seeds — a critical step in aligning upstream innovation with downstream seed distribution. This coordination is expected to address gaps in availability and ensure timely sowing cycles for key crops.

By converging agri-research, cooperative distribution, and government policy, the goal is to build a resilient farm-to-global-market pipeline that is both sustainable and scalable.

 

Conclusion: Empowering Rural India Through Global Trade

Minister Amit Shah’s expansive blueprint for India’s cooperative sector is not just about boosting exports — it's about reimagining economic democracy. By leveraging cooperatives as vehicles for rural empowerment and integrating them into global value chains, the government aims to transition from subsidy-based welfare to income-generating prosperity.

If executed effectively, these directives could turn cooperatives into India’s next economic growth engines — decentralizing wealth, stabilizing rural livelihoods, and embedding resilience into the country’s agri-export economy.

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