Scribd Logo
Upload

Welcome to Scribd!

  • 71 views

    Basmati Rice Export From India

    Uploaded by

    Mayank
    The document outlines the regulations and opportunities for exporting Basmati rice from India. Exports of Basmati rice are allowed with registration of contracts and must meet a minimum export price and quality standards. India exported over 4 million tons of Basmati rice in 2019-2020, with a value of over $4 billion USD. There is potential to increase exports and value by promoting Indian brands in retail packaging and developing value-added rice products.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Basmati Rice Export From India

    Uploaded by

    Mayank
    71 views7 pages
    The document outlines the regulations and opportunities for exporting Basmati rice from India. Exports of Basmati rice are allowed with registration of contracts and must meet a minimum export price and quality standards. India exported over 4 million tons of Basmati rice in 2019-2020, with a value of over $4 billion USD. There is potential to increase exports and value by promoting Indian brands in retail packaging and developing value-added rice products.

    Original Description:

    foreign trade

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document outlines the regulations and opportunities for exporting Basmati rice from India. Exports of Basmati rice are allowed with registration of contracts and must meet a minimum export price and quality standards. India exported over 4 million tons of Basmati rice in 2019-2020, with a value of over $4 billion USD. There is potential to increase exports and value by promoting Indian brands in retail packaging and developing value-added rice products.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    71 views7 pages

    Basmati Rice Export From India

    Uploaded by

    Mayank
    The document outlines the regulations and opportunities for exporting Basmati rice from India. Exports of Basmati rice are allowed with registration of contracts and must meet a minimum export price and quality standards. India exported over 4 million tons of Basmati rice in 2019-2020, with a value of over $4 billion USD. There is potential to increase exports and value by promoting Indian brands in retail packaging and developing value-added rice products.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 7

    BASMATI RICE EXPORT

    FROM INDIA

    SUBMITTED BY : SUBMITTED
    TO :
    MAYANK SRIVASTAVA Prof. SUNIL MADAN
     Tariff Item HS Code : 1006 30 20

     Unit : kg

     Item Description: Basmati Rice (Dehusked


    (Brown), semi milled, milled both in either
    parboiled or raw condition).

     Export Policy: Free


    Nature of Restriction
     Exports allowed subject to registration of contracts with the
    APEDA , New Delhi;
     Export will be subject to Minimum. Export Price (MEP) of
    US $ 700 per ton FOB or as notified by DGFT from time to
    time. MEP shall be exclusive of foreign commission;
     Grain of rice to be exported shall be more than 6.61 mm of
    length and ratio of length to breadth of the grain shall be more
    than 3.5;
     Export of Basmati Rice is permitted through all EDI ports;
     Exports to European Union permitted subject to pre-shipment quality
    inspection as may be specified by the Government through a notification;
     Exports to Russian Federation permitted subject to pre-shipment quality
    certification issued by
    (1) Insecticide Residue Testing Laboratory.
    (2) Geo-Chem Laboratories Pvt. Ltd.
    (3) Reliable Analytical Laboratory
    (4) Arbro Pharmaceuticals Ltd.
    (5) Shri Ram Institute for Industrial Research, Delhi
    (6) Shri Ram Institute for Industrial Research, Branch Office Bangalore
    (7) Delhi Test House; and
    (8) Vimta Labs. or any other agency as may be notified from time to
    time.”
    ‘Opportunities in Export of Organic
    Basmati Rice,
     Basmati rice continues to be one of the major agro-products of export from the
    country. The quantity of export has gone up by about 17.5 % during the period April-
    October 2020 compared to same period last year. The export prices of Basmati rice
    and accordingly of the paddy for farmers are influenced by overall global food price
    trends and increase or decrease in supply.
     In the last one decade, the volume of Basmati Rice Exports has more than doubled.
    During 2019-20, India exported 4.45 million tonne (MT) of Basmati Rice with value
    of US $ 4331 Million. During 2009-10, the export of Basmati Rice was of the order of
    2.17 Million MT. The major destinations for India’s basmati rice exports include
    Saudi Arabia, United Arab Emirates, Iran, European Union and the United States.
     Overall exports of Basmati rice from the country continue to do well. APEDA
    proposes to undertake a campaign in major markets to promote the export of Basmati
    rice in Indian Brands in retail pack, aiming at higher unit value realisation and it was
    decided to prepare a Strategy for product diversification and value addition in Basmati
    Rice
      Basmati Export Development Foundation (BEDF)
    and the Agriculture Universities in the key Basmati
    growing states have helped farmers in terms of higher
    productivity and greater resistance to lodging with
    stronger stems. At present, there are 34 approved
    varieties of Basmati Rice being cultivated in the
    country. Huge export potential exists for value-added
    products from rice.

    You might also like