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⚡Iran-Israel Conflict May Lead to Basmati Rice Price Drop in India

By Subhash Kamble

According to the Agricultural and Processed Foods Export Development Authority (APEDA), Iran was the third-largest importer of Indian basmati rice in 2024–25, after Saudi Arabia and Iraq. Iran imported basmati worth INR 6,374 crore during the period, accounting for 12.6% of total exports.

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