However, this as a temporary delay, considering Iran's insufficient domestic rice production
An Apeda official forecast India's basmati exports would rise 5 per cent by volume in 2016-17
Basmati exports dropped 20.4% in value terms to $585 mn (Rs 3,901 cr) in April-May this year, against $735 mn (Rs 4,651 cr) in the corresponding period last year