New Basmati variety to boost India's rice exports prospects

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India's Basmati rice exports is expected to get a further boost following the introduction of a new rice variety. (Reuters) India's Basmati rice exports is expected to get a further boost following the introduction of a new rice variety. (Reuters)
SummaryIndia's Basmati rice exports is expected to get a further boost following the introduction of a new rice variety.

and expected to cross Rs 16,000 crore mark during current fiscal.

India exports Basmati rice to middle-east countries mostly Iran, Saudi Arabia and UAE, European Union and the US.

Saudi Arabia and Iran account for more than 60% of India's total Basmati rice exports.

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