Stay updated with breaking news from Sona Masuri. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
India News: Waking up to the trend of rice prices not moderating despite huge surplus stock with FCI and restrictions on exports in place, government will carry o
India Gate Basmati Rice targets Rs 200 crore revenue with regional rice revolution. Tailored product lines for diverse preferences in Sona Masuri, Kolam, and Gobindobhog rice.
KRBL Limited: KRBL Ltd. has been enhancing its focus on growing its India business over the past few quarters leading to 14% revenue growth Y-o-Y; this growth is primarily fuelled by a significant increase in branded basmati sales, alongside an impressive 158% surge in non-basmati sales.
According to a presentation of the Agricultural & Processed Food Products Export Development Authority (APEDA), they are working on separate HSN codes for GI (Geographical Indications) rice varieties like Red rice, Black rice and Kalanamak rice.
Officials said that India is in the process of developing new Harmonised System of Nomenclature (HSN) codes for specific rice varieties to facilitate exports of those traditionally not consumed domestically. Currently, all categories of non-basmati white rice are prohibited for export.