BusinessPhoto: FirstpostIndia's Rice Exports May Drop to 24 Million Tonnes by 2027
India's rice exports are projected to decline to 24 million tonnes by 2027, a 4% drop according to the USDA. This decrease is driven by factors including a strong El Nino disrupting monsoon rains, shrinking paddy acreage, and rising domestic prices reducing exportable supplies. India, which supplies 40-45% of global rice exports, faces increased competition from Thailand and Pakistan, impacting international rice markets.
Firstpost·


