09:22 PM IST
Alphonso mango from Maharashtra's Ratnagiri, Sindhudurg, Palghar, Thane and Raigad districts has got Geographical Indication (GI) tag, the commerce and industry ministry said Friday.
A GI is an indication used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin.
Such a name conveys an assurance of quality and distinctiveness which is essentially attributable to its origin in that defined geographical locality. Darjeeling Tea, Mahabaleshwar Strawberry, Blue Pottery of Jaipur, Banarasi Sarees and Tirupati Laddus are some of the GIs.
The ministry said GI products can benefit the rural economy in remote areas, by supplementing the incomes of artisans, farmers, weavers and craftsmen.
"The king of mangoes, Alphonso, better known as 'Hapus' in Maharashtra, is in demand in domestic and international markets not only for its taste but also for pleasant fragrance and vibrant colour.
"It has long been one of the world's most popular fruits and is exported to various countries including Japan, Korea and Europe. New markets such as USA and Australia have recently opened up," it said.
The first product to get a GI tag in India was the Darjeeling tea in 2004. There are a total of 325 products from India that carry this indication.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
Top 7 Funds With Highest SIP Returns in 10 Years: Rs 10,000 SIP monthly SIP in No. 1 fund has ballooned to Rs 49,01,150
)
Top 5 Mid Cap Mutual Funds with Highest SIP Returns in 7 Years: Rs 25,000 monthly investment has grown to Rs 60.32 lakh in No. 1 scheme
)
Anil Singhvi bullish on 2 pharma, 1 bluechip and 1 midcap stock to buy; check targets and stop losses
)
SIP Calculation: Rs 20,000/month investment, how quickly can you generate Rs 7 crore corpus? See calculations
)
Power of Rs 1,50,000 PPF Investment: How many years will it take to generate over Rs 18 lakh/year tax-free income from Public Provident Fund?
)
9 Stocks to buy for long term: Analysts recommend largecap, midcap scrips; L&T, Siemens Energy on the list
)
Anil Singhvi gives buy on 1 midcap and 2 largecap stocks, advises sell on PSU defence scrip; check targets and stop losses
)
8th Pay Commission Pay Projections for Indian Army: What can be revised salary for Subedar Major, Captain and others at 2.08-2.57 fitment factors
)
BoB vs Indian Bank 444-day FD: Compare maturity on Rs 10 lakh-12 lakh deposits for senior citizens and others
09:22 PM IST