India’s basmati rice production to be higher than last year’s level due to monsoon boost

“Production of basmati rice will be higher this year, which is good for the industry. Domestic consumption is increasing and newer markets for exports are opening up,” said Vinod Kaul, executive director of All India Rice Exporters Association (AIREA). “Even though payments from Iran is still due, but we are getting good export orders from Middle-east countries like Saudi Arabia and Iraq. Eastern European countries are also keen to buy basmati rice from us.”
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