Get latest articles and stories on Business at LatestLY. According to a press release by the Ministry of Commerce and Industry, this journey of growth has been fueled by proactive interventions and strategic initiatives by APEDA, demonstrating a commendable Compound Annual Growth Rate (CAGR) of 12 per cent and expanding the export basket to over 200 countries. Business News | APEDA Catapults Agricultural Exports from Modest USD 0.6 Bn to USD 26.7 Bn in FY 2022-23.