Saturday, 24 Oct 2026 Breaking: Jihadist groups call for attacks on police and demonstrators amid widespread European protests: Report
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

India's basmati rice yield likely to be 5-10% higher this year: Industry leader

India's basmati rice yield likely to be 5-10% higher this year: Industry leader

New Delhi [India], October 24 (ANI): India's basmati rice yield is expected to increase by 5 to 10 per cent this year compared to the previous year, supported by favourable rainfall and better crop conditions, according to Rajeev Setia, President, Basmati IREF, and Joint Managing Director, Chaman Lal Setia Exports Ltd.
Speaking to ANI on the sidelines of the Bharat International Rice Conference 2026 in New Delhi, Setia said the monsoon and subsequent rainfall had supported the growth of the basmati crop, resulting in expectations of higher yields.
"The monsoon was reasonable... and thereafter there were good rains. Just look around, greenery we have all around. So in that way the crop grew and the yield in this particular year for basmati rice is higher," he said.
Asked about the expected increase, Setia said, "It will definitely be 5-10%... higher as compared to the preceding year."
The expected improvement in yields is significant for India's basmati rice industry, as higher agricultural productivity could support export availability amid expectations of growing international demand.
Setia also expressed optimism about the long-term demand for Indian basmati rice, pointing to the increasing popularity of Indian food across international markets.
"The requirement of Basmati is likely to grow in the time to come," he told ANI.
He said Indian basmati rice has established a presence across international markets, while his own company exports to 96 countries.
Setia noted that the growing popularity of Indian cuisine among consumers in Europe and the United States is helping expand the market for basmati rice beyond traditional consumers.
He also highlighted India's position in the global basmati rice trade, noting that the crop has geographical indication (GI) recognition and is cultivated in specific geographical regions.
India is one of the world's leading producers and exporters of basmati rice, with the crop playing an important role in the country's agricultural exports. Higher yields could improve supply availability, although actual export performance will also depend on international demand and market conditions.
The Bharat International Rice Conference 2026 is being held from October 23 to 25 in New Delhi, bringing together Indian exporters, international buyers and other stakeholders in the global rice trade. (ANI)

Tags

Related News

AI, continuous drying, byproduct utilisation to drive rice milling profitability: Industry experts
Business
AI, continuous drying, byproduct utilisation to drive rice milling profitability: Industry experts

<p>New Delhi [India], October 24 (ANI): Adoption of artificial intelligence (AI), continuous drying systems and improved...

Kenya looks to India’s irrigation, rice processing models to boost domestic production
Business
Kenya looks to India’s irrigation, rice processing models to boost domestic production

<p>New Delhi [India], October 24 (ANI): Kenya is looking to adopt India's irrigation practices, rice varieties and agro-...

A father’s personal loss turns into a nation’s gain: How Taraasha Foundation is helping families with rare diseases
Business
A father’s personal loss turns into a nation’s gain: How Taraasha Foundation is helping families with rare diseases

<p>VMPL<br/>New Delhi [India], October 24: Some losses leave a silence words cannot fill; grief lingers. In a world of i...

AI-powered platforms can help rice traders access transparent prices, navigate global market volatility: AgriGuru founder
Business
AI-powered platforms can help rice traders access transparent prices, navigate global market volatility: AgriGuru founder

<p>New Delhi [India], October 24 (ANI): Artificial intelligence (AI)-powered platforms can help rice exporters, importer...

Gen-Z Brand Reinvents Product Launch PR with Fear, Fire and Fine Fragrances: Faunwalk x The Scion
Business
Gen-Z Brand Reinvents Product Launch PR with Fear, Fire and Fine Fragrances: Faunwalk x The Scion

<p>VMPL<br/>New Delhi [India], October 24: <a href="https://faunwalk.com/pages/discovery-sets" rel="noopener" target="_b...

19 Manipal University Jaipur Researchers Feature in Stanford–Elsevier Top 2% Scientists List; Number of MUJ Researchers Doubles Compared to Previous Year
Business
19 Manipal University Jaipur Researchers Feature in Stanford–Elsevier Top 2% Scientists List; Number of MUJ Researchers Doubles Compared to Previous Year

<p>NewsVoir <br/>Jaipur (Rajasthan) [India], October 24: Manipal University Jaipur (MUJ) has achieved a significant mile...