India Cuts Basmati Rice Shipping Costs from $350 to $90 per Tonne
IREF has launched a bulk-shipping initiative to reduce freight costs for Basmati rice exports to Iraq from USD 350 to USD 90 per tonne. Partnering with Eximwala Solutions Pte. Ltd., the project involves bulk shipments of 102,210 metric tonnes. This move aims to boost India's competitiveness in the Middle East and strengthen its global rice export position.
Economic Times·



