India's basmati rice exports to Iran face uncertainty as Trump's proposed 25% tariff on countries trading with Iran creates payment risks. Iran is India's third-largest basmati market, worth $753 million in 2024-25.
Political turmoil in Iran creates uncertainty for Indian basmati rice exporters from Punjab and Haryana, with divided opinions on shipment and payment impacts.
As protests spread across Iran, New Delhi faces strategic worries. Iran serves as India's gateway to Central Asia, counters Pakistan, and maintains regional balance. Any collapse threatens Chabahar Port and India's multi-alignment policy.
Indian rice exporters face potential losses as US threatens 25% tariff on trade with Iran. Basmati rice exports worth ₹2,000 crore are stuck, creating port backlogs and payment delays.
India's record rice production forces growers to cut prices to compete with Thailand and Vietnam, testing sellers' patience and deepening the global price decline.
Political unrest in Iran has severely impacted Indian basmati rice exports, causing sharp price drops and payment delays. The Indian Rice Exporters Federation advises exporters to reassess risks.
India's basmati rice exports face mounting pressure from Iran's internal turmoil and US tariff threats, causing price drops and payment delays in domestic markets.
Shares of major basmati rice exporters tumbled after shipments to Iran faced a crisis due to US sanctions and currency collapse. Key details and expert analysis inside.
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Indian Rice Exporters Federation urges govt for fiscal support in Union Budget 2026 to tackle ecological stress, boost competitiveness, and sustain India's 40% global rice trade share. Read key demands.
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