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BASMATI RICE INDUSTRY
India Inc gears up for Middle East rebound after peace dealIndian businesses are preparing for a surge in Middle East demand following a peace agreement. Companies are increasing production and secu...- Basmati rice, tea exports to West Asia come to a grinding haltExports of basmati rice and tea to West Asia have stopped due to the US-Iran conflict. Vessels carrying rice are waiting at Kandla Port. Te...
- Too hot to handle: Heatwave in North India slows textile, rice supply chainsNorthern India's blistering heatwaves are wreaking havoc on vital industries, significantly hampering the trade of Basmati rice and textile...
- West Asia conflict may dent India Inc profitability by 200 bps: CrisilA prolonged West Asia conflict poses a risk to India Inc's profitability. Crisil Ratings predicts a significant drop in operating margins d...
- Exports diversification drive adds $202 million to kitty in FY26India's exports expanded significantly last fiscal year. New product and country combinations generated over $200 million in new trade. Shi...
- Consumer companies feel summer wedding glow as jewellery, appliances, staples sales outpace winter gainsSummer weddings are driving a significant spending surge across India. Strong rural incomes from a good harvest are boosting sales of every...
- Pilibhit in UP to get India's first integrated Basmati, organic training-cum-demo farmIndia is set to boost its Basmati rice sector. APEDA will establish a new training and demonstration farm in Pilibhit. This facility will f...
- Bardhaman’s potato economy in focus as farmers weigh choices amid Bengal pollsIn Purba Bardhaman, potato farmers face price caps, weak markets and migration woes. As elections near, discontent simmers, but TMC still a...
- Basmati rice exports hit by Hormuz crisis; 4 lakh tonnes of cargo stranded right now: Abhishek GovilkarThe Strait of Hormuz crisis has severely impacted India's basmati rice exports to the Middle East, stranding four lakh tonnes of cargo and ...
- West Asia war: Punjab industry hit by labour shortage, rising costsThe ongoing turmoil in West Asia is sending ripples through Punjab's industrial landscape. Manufacturers of textiles, bicycles, and automot...
- West Asia war hits rice exports from MP's Raisen and Balaghat districtsThe ongoing crisis in West Asia is casting a shadow over rice exports from Madhya Pradesh, particularly affecting the prized Basmati from R...
- India’s basmati rice exports to stay steady despite Middle East conflict: CrisilIndian basmati rice exports are projected to stay stable this fiscal and next. Growth of up to two percent is anticipated over last year's ...
- Basmati rice prices fall in local market as Iran war disrupts exportsBasmati rice prices have dropped locally due to disruptions in exports to the Middle East. This key market accounts for half of India's bas...
- India imposes curbs on basmati rice exports; contracts with value below $1200 a ton temporarily halted: Govt notificationIndia has imposed restrictions on the export of basmati rice, following the imposition of a 20% duty on parboiled rice. The government has ...
- Covid-19 spread in key basmati rice export destinations will impact the industry: ICRAThe industry whose performance is linked to exports to a large extent is expected to have a weaker H1 FY2021.
- Iran oil sanctions may hit India’s basmati rice industryGiven the scale of basmati rice exports to Iran, a disruption in sales to this market can have a severe adverse impact on the basmati rice ...
- Basmati rice exports may grow to Rs 22,000-22,500 crore in FY18: ReportThe basmati rice industry witnessed moderation over the last few years on the back of subdued international demand, partly attributable to ...
- Basmati rice industry is expecting a rebound in 2017-18In the past two years, the Basmati rice industry has been under financial stress on account of excess paddy supply and weak international d...
- Basmati rice industry may see revival from H2 of 2016-17: IcraThe supply of basmati paddy is expected to witness some moderation as farmers are likely to shift away from basmati, given the non-remunera...
- Government may soon scrap basmati rice MEP"We are thinking of abolishing MEP on basmati rice. A notification in this regard will be issued soon," a senior Commerce Ministry official...
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