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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
India’s agri export promotion shifting to value added pro...
BL New Delhi Bureau · 2026-06-18 · via Economy News, Latest Economic News Today | The HinduBusinessLine

A decision to expand value-added products from traditional cereal-centric dependence over the last decade has helped India to maintain agriculture exports even when faced with periodic ban on key items.

“India’s agri exports have historically been concentrated in rice, wheat and cereals and these commodities are vulnerable to domestic food security pressures. There have been periodic policy interventions including curbs and prohibition on shipments which create volatility in export earnings,” said an official.

He said the government’s agri export promotion body APEDA has been promoting high-potential products internationally over the past decade. The number of products exported at the HS 8-digit grew from 298 in FY2014–15 to 438 in FY2025–26. Besides, there has also been expansion into niche and emerging destinations worldwide, he added.

The share of processed and value-added products has grown steadily in the past few years. “The three-way diversification — products, markets and value addition, has made India’s agri export sector more resilient and globally competitive,” the official added.

While rice exports were banned twice by India since the global food price spiral in 2008, wheat exports have been partially opened up after a gap of nearly four years with quantitative limits and export permits.

According to APEDA data, India’s rice export in 2025-26 fiscal was 21.57 million tonnes (mt) worth $11.54 billion, against 20.19 mtworth $12.47 billion in 2024-25 due to lower realisation. In April 2026, rice shipments were 2.04 mt (valued at $1.01 billion), as against 1.88 mt (worth $1.08 billion) in the corresponding period a year-ago.

Rice exports

The commerce ministry’s latest data show rice exports in terms of value were $1.02 billion in May 2026, which is 5 per cent more than $967 million in the year-ago period.

Basmati export by India in April 2026 was 474,091 tonnes worth $436.01 million. In 2025-26 fiscal, exports of Basmati rice were 6.52 mt worth $5.67 billion. In case of non-Basmati rice, exports were 15.04 mt worth $5.86 billion in last fiscal.

Meanwhile, according to the official export data for May 2026 in the current fiscal, the shipments of Marine Products marginally dropped from $730 million (in May 2025) to $728 million, Spices from $403 million to $387 million, Fruits And Vegetables from $309 million to $288 million, Oilseeds from $103 million to $94 million and Tea from $66 million to $56 million.

Those agriculture categories/items which registered higher exports include Meat, Dairy and Poultry Products from $442 million to $630 million, Cereal Preparations and Miscellaneous Processed Item from $265 million to $277 million, Coffee from $201 million to $209 million and Oilmeals from $89 million to $111 million.

Published on June 18, 2026