TOPCNBC-TV18 India · 5 hours agoLive
Rising global demand, lower price of Indian rice than competitors to boost exports: IREF
Reported by CNBC-TV18 India, not nibnow. We are not the publisher of this story, only the source is.
WHY IT MATTERS
India's rice exports have grown 13% in value in the first half of the fiscal year, indicating a strengthening trade sector that could boost earnings and farmer incomes.
WHAT HAPPENED
India's rice exports have risen 13 per cent in value terms during the first half of this fiscal year, and the outlook remains strong as the country has surplus stock to meet rising global demand, according to the industry body IREF.
WHAT TO WATCH
- •Future quarterly export data to see if the growth trend continues
- •Any government policy announcements on rice export incentives or tariffs
- •Changes in global rice demand that could affect India's export outlook
Text size
READ IN YOUR LENS
UPSCMarketsFounder