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India to expand rice exports to 26 global markets including UK and Mexico strengthening agricultural trade footprint
India plans to expand rice exports to 26 countries, enhancing agricultural trade diversification and foreign exchange inflows while strengthening global supply chain presence.
India announced plans to expand rice exports to 26 additional global markets such as the Philippines, Indonesia, the United Kingdom, and Mexico to bolster agricultural trade diversification. The strategy aligns with the government’s goal to reinforce foreign exchange inflows and stabilize rural income streams through consistent export demand. Analysts believe this diversification reduces dependency on traditional Asian buyers and enhances price realization for Indian producers. Trade associations expect total rice shipment volumes to rise over the next quarter as logistical agreements and bilateral approvals conclude successfully.