UPLOADED : Export Data of Basmati & Non-Basmati March 2024

President’s Desk

Dear Members,

My long journey in rice trade taught me sumptuous lessons in making informed business decisions. With God’s blessings, businessmen with their acumen make decisions that benefit them, the community, the trade and the country. Each AIREA member’s journey of Basmati rice exports is filled with varied experiences, both sweet & sour and our members’ exhibit resilience, adaptability, respect to regulations & law, respect & gratitude to our farmer brothers & other stake holders in the industry.

The latest military conflict in already tensed Basmati rice business environment in Middle East, may pose further worries to trade reeling under falling Basmati prices; AIREA continues to engage with the Govt. of India on export price barrier matter.

The prediction of a near normal monsoon for coming Kharif crop season coupled with envisaged enabling business friendly policies of the new Government, may empower AIREA members to scale new heights in exports volume, business economics and bring laurels to India. We are hopeful that the new Government may review prohibition & price barrier issues that severely affect our rice industry.

With Best wishes for a successful New Business Fiscal 2024-25

(Nathi Ram Gupta) President

(Nathi Ram Gupta)