India's Basmati Rice Export to Grow
basmati rice exporter in india - Recently, India witnessed a major breakthrough in the rice industry. China has agreed to import basmati, non-basmati and various other rice varieties from India. 17 registered mills in India are expected to export to China. This is mainly being done to ensure market access for Indian products in China.
Both countries are also the largest consumers of rice, thereby restricting their participation in international trade. India is the net exporter of rice while China is the net importer.
Chinese rice is typically short in length and non-aromatic. However, with increasing income, changing lifestyle and flourishing global trade, the population in China have become open to trying different varieties of rice. They have developed a preference for basmati specially.
The rice which is going to be exported to China is going to come from mills in Punjab, Haryana, Uttar Pradesh and Madhya Pradesh. To export rice to China, it is mandatory that these mills are registered with the National Plant Protection Organization (NPPO). The organisation makes sure to ensure that the non-basmati consignments from India will be pest-free, safe and of good quality.
In India, non-basmati accounts for a majority (90-92% volume share) of the total rice production. However, around 90 per cent of the same is consumed domestically.
In volume terms, non-basmati rice export from the country stood at 6.4 million tonne in FY16, while shipments were 4 million tonne in the same period.
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