date:Jun 12, 2016
High production and competition from other tropical fruits mean that banana prices in South India are likely to stay low. India is the largest producer of bananas with 30 million tonnes a year and accounts for 30% of the global output. Most of Indias banana production is for domestic consumption with exports being negligible at less than 1%.
In Tamil Nadu, banana production is slightly higher than the previous year. Banana prices usually fall every summer when there is arrival of other tropical