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The Economic Times

Economy / The Economic Times

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Indias basmati rice exports to stay steady despite Middle East conflict: Crisil

Indian basmati rice exports are projected to stay stable this fiscal and next. Growth of up to two percent is anticipated over last year's volume. While exports to Iran may dip, increased demand from Saudi Arabia, Iraq, UAE, and Yemen will compensate. Logistical issues might stretch working capital, but exporters can pass on costs.

16 Mar 2026 12:46 pm