Page 2 of basmati rice News

In FY24, India shipped rice worth $10.41 billion, a decline of 6.5% on year, as shipments were hampered because of…

As India increases its customer base for Basmati rice to 150 countries globally, appropriate and meaningful branding has now become…

The agricultural and processed food products exports development authority (APEDA) has set an export target of $ 26.56 billion for…

Food and consumer affairs minister Pralhad Joshi on Wednesday said “we are committed to create space and evacuating surplus rice…

According to the commerce ministry, India’s basmati rice exports during 2024-25 (April-July) was 1.91 million tonne (MT), out of which…

To curb rise in prices and improve domestic supplies, the government in September last year banned exports of white rice…

To curb rise in prices and improve domestic supplies, the government had in September last year banned exports of white…

“Indian Basmati rice exports surged to 5.24 million tonnes in FY 23-24, generating $5.83 billion, driven by competitive pricing and…

Despite the moderation in growth for the basmati industry, revenue will touch an all-time high at nearly Rs 70,000 crore,…

These decisions, announced ahead of the assembly elections in Maharashtra and Haryana, aim to enhance agricultural export volumes and support…

“India’s Basmati rice exports, crucial to its agri-economy, rely on innovative strategies and new trade routes to overcome supply chain…

With this new facility, LT Foods is expected to meet the demand for premium rice and rice-based food products

Exporters said higher MEP could adversely impact the domestic procurement of basmati rice paddy for the next season and hit…

Indian rice sellers often establish agreements with logistics companies to ensure uninterrupted and cost-effective export solutions. However, periodic challenges arise…

Trade sources said the export price of basmati has fallen by around $100/tonne to $850.

The export is permitted through National Cooperative Exports Limited (NCEL), the Directorate General of Foreign Trade (DGFT) has said in…

The rice is being sold to consumers in five and 10 kgs packs and the grain will be available at…

Trade sources are however skeptical about the efficacy of subsidised sales by the government.