Recent Regulations Regarding Non-Basmati Rice Exports

In recent months, the Indian government has implemented significant changes to the regulations governing non-basmati rice exports directly impacting Indian non-basmati rice traders and exporters.

Lifting of Export Restrictions

In July 2023 India imposed a ban on the export of non-basmati white rice to ensure domestic supply and control rising prices. This ban was lifted on September 28, 2024 allowing exports to resume under a Minimum Export Price (MEP) of $490 per metric ton. Subsequently, on October 23, 2024 the government removed this MEP, enabling Indian non-basmati rice exporters to offer various grades of rice at competitive prices in the global market.

These trends create an opportune climate for Non Basmati Rice Exporters to capitalise on the international demand.

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