EXPORTS
Indian rice steaming ahead
4 million tonnes clocked by March
- Published: 10/02/2012 at 02:48 AM
- Newspaper section: Business
India's rice exports will reach 4 million tonnes next month, putting even more pressure on Thailand to manage the government's paddy mortgage scheme and stockpiles.
Rajen Sundaresan, executive director of the All India Rice Exporters Association (AIREA) in New Delhi, said when his country lifted the ban on shipments of non-basmati rice last Feburary, exporters were told they could ship a total of 2 million tonnes.
But after exporters shipped 2.4 million tonnes, the Indian government approved another 2 million tonnes on top of the original amount, and the full quota of 4 million tonnes is expected to be met by March 31.
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About the author
- Writer: Phusadee Arunmas
- Position: Business Reporter
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