India permits export of over 10 lakh tonnes of non-basmati white rice to seven countries
India has granted permission for the export of more than 10 lakh tonnes (or one million) of non-basmati white rice to seven different countries. This decision was announced by the Directorate General of Foreign Trade (DGFT) through a notification, and the exports will be facilitated by the National Cooperative Exports Limited (NCEL).
This move is a positive development for rice exporters in India, as it opens up new opportunities for them to expand their business and explore international markets. Non-basmati white rice is a popular variety of rice that is widely consumed across the globe.
The seven countries that will be receiving these exports include Pakistan, Bangladesh, Nepal, Bhutan, Myanmar, Maldives, and Seychelles. These countries have a significant demand for non-basmati white rice, making them lucrative markets for Indian rice exporters.
Notably, Pakistan is among the countries that will be importing non-basmati white rice from India. This presents a unique situation as both India and Pakistan are major players in the global rice market. The decision to allow rice exports to Pakistan signifies a positive step towards strengthening bilateral trade and promoting cooperation between the two nations.
Rice exporters in India are expected to benefit greatly from this opportunity. They can now tap into the demand for non-basmati white rice in these seven countries and establish themselves as reliable suppliers. This can potentially lead to increased profits and growth in the rice export industry.
It is important to mention that NCEL will be responsible for facilitating these exports. NCEL is a prominent player in the rice export business and has a strong network of suppliers and buyers. Their expertise and experience will ensure smooth operations and efficient delivery of the rice consignments.
In addition to white rice, India is also known for its basmati rice, which is highly sought after for its aroma and taste. Basmati rice has a distinct long grain and is considered a premium variety of rice. The export of basmati rice is already a well-established business, and many countries around the world import this premium product from India.
Overall, the decision to allow the export of non-basmati white rice to these seven countries is a positive step that will benefit both Indian rice exporters and the importing nations. With NCEL overseeing the exports, this venture is expected to be successful and contribute to the growth of the rice industry in India.
For more information on rice exporters and suppliers, you can visit the following websites:
– [Rice Exporters](https://www.hasrice.com)
– [Pakistan Rice Exporters](https://www.pakistanrice.com)
Source: [Deccan Herald](https://www.deccanherald.com)