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BASMATI RICE SALES
India's rice stocks climb to record high; wheat inventories at five-year peakIndia's government warehouses hold record rice stocks, up 15% from last year. Wheat inventories are at a five-year peak. These abundant res...- 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...
- 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...
- Basmati rice exporter Amir Chand mobilises Rs 60 crore from anchor investorsAmir Chand Jagdish Kumar (Exports) Ltd has secured Rs 60 crore from anchor investors. This precedes their Rs 440 crore initial public offer...
- 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's rice exports defy restrictions, hold steady in 2024India's rice exports in 2024 remained steady despite earlier export curbs, with high basmati rice shipments compensating for a decline in n...
- Revenue growth of basmati industry to moderate to 4% this fiscal from 20% seen last fiscal, says CrisilIndia's basmati industry is set to see a revenue growth of around 4% this fiscal, reaching nearly Rs 70,000 crore. This growth is driven by...
- Brisk export orders stoke new season basmati rice prices in IndiaLast month's decision to cut a floor price for basmati rice exports to $950 a ton from $1,200 a ton has spurred a flurry of export contract...
- MEP can lead to drastic fall in exports, suppress basmati prices, says AIREATraders of basmati rice are concerned that the enforcement of a minimum export price (MEP) of $1,200/tonne by the Indian government will le...
- India, the world’s top rice shipper, now has restrictions on every grainOver the past few days, India imposed a minimum price on shipments of basmati rice and put an export tax on the parboiled variety. The gove...
- Basmati rice sales to cross Rs 50,000 crore this fiscal, says Crisil"Next fiscal, however, sales will decline by 5-7% as basmati rice realisation is expected to soften with anticipated increase in paddy acre...
- After Africa and China, Bangladesh looks to buy non-basmati riceIndia saw a surge in farm exports in FY21, a pandemic year. The surge was driven by record-high sales of rice-13.9 million tonnes of non-ba...
- 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 exporter DRRK Foods to enter domestic market with flagship brand Crown BasmatiThe company wants to become one of the major emerging international players by 2020 and their target is to elevate the revenue to $200 mill...
- Fresh troubles in the offing for India's basmati exportsIndia’s basmati exports to Iran has slumped as the Islamic nation has introduced a new set of standard for basmati rice imports, in a major...
- India begins exporting basmati & non-basmati blend to IranIran, which is still facing Western sanctions, is lifting aromatic non-basmati rice and pusa-1121 basmati variety from India.
- Amira Foods launches Amira Pure BasmatiAmira Foods (India) Ltd, leading basmati rice retailer of India, has launched Amira Pure Basmati
- Anti-inflation menu includes ban on Basmati rice exportThe government is mulling a temporary ban on export of Basmati rice as part of its drive against inflation. This would mean a total ban on ...
- India allows export of non-basmati rice to BangladeshThe government has allowed export of 50,000 tons of non-basmati rice to Bangladesh even though there is a restriction on the commodity's ov...
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