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India’s basmati export increased by 50%

posted Jan 22, 2015, 10:33 PM by
Sam Mohanty during the Global Rice Market and Trade Summit in Bangkok, Thailand
BANGKOK, Thailand - “The value of India’s basmati export increased by 50% from US$3 billion to $ 4.5 billion this year,” said Sam Mohanty, senior economist at the International Rice Research Institute (IRRI). Thanks to the country’s two major basmati varieties: Pusa 1121, a variety released in 2003 and Pusa Basmati 1509, which released in 2013. Pusa 1121 is a popular variety grown in 60% of India’s 2.6 million hectares of basmati rice production. (This article was published in October 2014)