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By Kirtika Suneja & Madhvi Sally, ET Bureau | Updated: Jan 02, 2017, 01.11 AM IST
"We have to counter other countries' efforts because our share in Iran's
imports has fallen drastically," said a government official, who did not
wish to be identified.
Iran has been one of the largest importers of Indian basmati rice in
recent years. But in 2015-16, however, basmati rice exports from India
to Iran almost halved to $571 million from $1.1 billion in the previous
financial year.
In the first half of this fiscal, basmati rice exports from India to Iran
amounted to $356 million.
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