Project Report: Trade of Non-Basmati Rice - India
1. Position of India in Exporting Non-Basmati Rice
India is the world’s largest rice exporter, accounting for more
than 40% of global exports. In FY 2023–24, India exported
about 11.1 million tonnes of non-basmati rice, with an export
value of around USD 4.57 billion.
2. Growth Rate Analysis (Last 5 Years)
• 2019–2022: Exports grew strongly due to high global
demand.
• 2023: Export restrictions led to a temporary decline.
• 2024: Resumption of exports with new Minimum Export Price
(MEP).
Overall CAGR remains positive despite policy fluctuations.
3. Contribution of Non-Basmati Rice to Indian GDP
Agriculture contributes around 17–18% of India’s GDP. Rice is a
key cereal crop, and non-basmati rice exports alone
contributed USD 4.57 billion in FY24. This supports rural
employment, farmer incomes, and foreign exchange earnings.
4. Major Producing States
Key non-basmati rice producing states: West Bengal, Uttar
Pradesh, Punjab, Andhra Pradesh, Telangana, Tamil Nadu,
Chhattisgarh, Odisha, Bihar.
5. Export Trends (Last 5 Years)
Exports rose consistently between 2019–2022. In 2023,
restrictions caused a sharp fall, but exports resumed in 2024
with policy changes such as MEP introduction. FY24 saw 11.1
million tonnes exported.
6. Major Export Destinations
Top buyers of Indian non-basmati rice include: Benin, Guinea,
Togo, Côte d’Ivoire, Vietnam, and Bangladesh. Africa is the
largest regional market.
7. Major Producing Companies in India
Prominent companies: LT Foods Ltd. (Daawat), KRBL Limited
(India Gate), Adani Wilmar (Fortune), Kohinoor Foods, Chaman
Lal Setia, Amira, ITC.
8. Government Bodies & Schemes
• APEDA: Export promotion and market data.
• DGFT: Export policies and notifications.
• Ministry of Agriculture & FCI: Procurement and MSP.
• Schemes: MSP, PM-AASHA, Rashtriya Krishi Vikas Yojana
(RKVY), National Food Security Mission (NFSM).
9. Globally Top 5 Producing Countries
The top producers of rice globally are:
1. China
2. India
3. Bangladesh
4. Indonesia
5. Vietnam
10. Recent News on Non-Basmati Rice
1. 2024: India eased export curbs; MEP set at $490/MT.
2. 2024: Reuters reported India holds 40% of global rice
exports.
3. 2023: Export disruptions due to bans.
4. 2024: APEDA reported 11.1 MT exports.
5. 2025: Surplus rice diverted to ethanol production.
11. Investments & Business Summits
• West Bengal Global Business Summit: focused on
agribusiness and rice investments.
• Andhra Pradesh Global Investors Summit: highlighted rice
milling and food processing.
• Investments target storage, milling, logistics, and ethanol
blending.
12. Why India Holds Leading Position
India holds its lead due to:
• Large production scale (2nd largest globally).
• Cost competitiveness.
• Diverse rice varieties (parboiled, white, premium).
• Strong trade networks across Africa and Asia.
13. SWOT Analysis
Strengths: Largest exporter, competitive prices.
Weaknesses: Policy volatility, climate dependency.
Opportunities: Branding, ethanol production, African demand.
Threats: Climate risks, competition from Vietnam and Thailand.
14. Conclusion
India dominates the non-basmati rice export market. Despite
policy and climate challenges, it has strong opportunities in
branding, ethanol diversification, and African/Asian markets.
15. References
APEDA, DGCIS, Reuters, IFPRI, USDA/FAO, Government of India
Reports.
