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Assam exports legal agarwood chips to Gulf for Rs 2.35 crore and targets Rs 50000 crore potential

India
Published on 13 May 2026
Assam exports legal agarwood chips to Gulf for Rs 2.35 crore and targets Rs 50000 crore potential

Saudi and UAE buyers just made agarwood legal trade explode

Assam has achieved a major breakthrough by making its first legal export of agarwood chips to Saudi Arabia and the UAE, worth Rs 2.35 crore. The move, enabled by the Assam Agarwood Promotion Policy 2020, is expected to strengthen the state’s agro-forest economy and create new earnings for farmers and businesses. Assam now eyes a long-term Rs 50,000 crore opportunity.

  • Assam’s first legal agarwood export goes to Saudi Arabia and UAE
  • Shipment value reported at Rs 2.35 crore
  • Policy backing: Assam Agarwood Promotion Policy 2020
  • State forecasts Rs 50,000 crore potential for agarwood trade
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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