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In bid narrow trade gap, India aims to export 1 mn tonnes of rice to China

India had sent its first consignment of 100 tonnes non-basmati rice to China last month

rice

A rice trader waits for customers at a market in the Bangladesh capital Dhaka

Reuters New Delhi

India said on Thursday it was keen to sell more rice and sugar to China to bridge a widening trade deficit and cleared five more rice mills for exports of non-basmati varieties of the grain, taking the total to 25.

India, which sent its first consignment of 100 tonnes non-basmati rice to China last month, said the south Asian nation has potential to export 1 million tonnes of rice to China "in a few years".

India's trade ministry also said in a statement the country could sell 500,000 tonnes of rapeseed meal to China every year after Beijing recently lifted a ban on imports of the animal feed from India.

 

 

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First Published: Oct 25 2018 | 1:26 PM IST

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