INSUBCONTINENT EXCLUSIVE:
Basmati Rice | Image: Wikimedia Commons2 min read Last Updated : Sep 24 2024 | 3:37 PM IST
India's decision to remove the floor price for
basmati rice exports is expected to spur a flurry of orders from the Middle East, Europe, and the Americas, leading exporters said, helping
basmati rice at more competitive prices globally, which is likely to drive higher export volumes," Akshay Gupta, head of bulk exports at
opened up opportunities for global buyers to access the full range of options, said Gaurav Bhatia, director at DD International, one of the
million tons of rice last fiscal year as Canada, Iraq, Oman, Saudi Arabia, and the United Kingdom raised purchases, offsetting the impact of
reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)First Published: Sep 24 2024 |
