Neutral impactSector
Spices exporters body elects Nishesh Shah as Chairman, Bhavik Desai Vice Chairman
BusinessLine 1 hr ago·30 Sept 2026, 11:24 am
The Spice Board of India has elected Nishesh Shah as its new Chairman and Bhavik Desai as Vice Chairman. The new leadership team brings significant experience in spice processing, sourcing, and managing international trade and supply chains. This transition marks a shift in leadership for the industry body that represents spice exporters.
This change is important for investors tracking the broader agriculture and FMCG sectors. The leadership's focus on global trade and supply chains could influence policy discussions on export regulations, logistics, and market access. These factors are critical for the profitability of spice companies operating in the international market.
Investors should watch for any policy shifts or initiatives announced by the new board. These could impact the operational costs and revenue growth of spice exporters. Keeping an eye on the board's future statements will help gauge the direction of the spice export industry.
Excerpt from BusinessLine
The All-India Spices Exporters Forum (AISEF) has elected Nishesh Shah as Chairman and Bhavik Desai as Vice Chairman for 2026-27, with the new leadership focusing on value addition, sustainable sourcing and strengthening India’s position in the global spice trade. Nishesh Shah, Managing Partner of Kochi-based Universal…Read the original at BusinessLine
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