Iran conflict hits Indian rice exporters: Shipments via Bandar Abbas stalled, prices fall Rs 400–500/quintal
- Posted on March 1, 2026
- By Financial Express
- 4 Views
Iran conflict hits Indian rice exporters: Shipments via Bandar Abbas stalled, prices fall Rs 400–500/quintal
India exported approximately 6 million tonnes of basmati rice during 2024-25, with demand primarily driven by the Middle East and West Asian markets. Other major buyers include Iraq, the United Arab Emirates and the United States.
