The removal of minimum export price (MEP) on basmati rice ahead of the kharif crop will benefit both farmers and exporters, said industry participants. The removal of trade barrier will help Indian exporters regain competitiveness in the overseas markets.
According to S&P Global Commodity Insights, the Indian government's measures in 2023, including banning non-Basmati white rice exports, imposing a 20 per cent duty on parboiled rice exports, and setting a minimum export price of USD 950/ million tonnes (mt) for Basmati, continue to impac
New Delhi [India], March 15 (ANI/PNN): Haryana-based leading rice manufacturing company, K.K. Overseas Private Limited has received an order from an acclaimed Singapore-based food product importing company. The importing company, Salman Trading PTE Limited has placed an order worth USD 2 mil
New Delhi [India], March 14 (ANI/SRV): Indian Rice suppliers had a successful introduction meeting with the Minister of Foreign Trade and Economy of the Republic of Cuba H.E. Rodrigo Malmeirca Diaz and his delegation that is visiting India. The rice samples were presented to the delegation b
New Delhi [India], April 20 (ANI): India's non-basmati rice exports surged to $6.11 billion in 2021-22, which is 109 per cent higher when compared with $2.92 billion recorded in 2013-14, the government data showed on Wednesday.
New Delhi [India], July 5 (ANI): Citing the case of Pakistan taking over the European Market in the export of Basmati rice to the European Union after its virtual ban on the import of Indian rice, the All India Rice Exporters Association (AIREA) wrote to Prime Minister Narendra Modi, seeking