Oct 082014
 

largest exporter of rice

India may become the largest exporter of rice next year amid higher demand anticipated from African and Middle East countries and competitive prices.

“In calendar year 2015, India should emerge as the largest exporter of rice — both basmati and non-basmati. From 4 million tonnes of annual export of non-basmati rice, we should be able to export 7 million tonnes,” said BV Krishna Rao, managing director of Pattabhi Agro Foods, the country’s biggest exporter of non-basmati rice.

Rao said basmati and non-basmati rice exports should be 10-11 million tonnes, a level last seen in 2012.

Contributed By Sonia Narula

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