Public Policy

India’s Rs 34,284-crore Basmati trade gets a logistics boost with Iraq shipping plan

· 12 October 2026 · 2 min read
India’s Rs 34,284-crore Basmati trade gets a logistics boost with Iraq shipping plan

The Economic Times has reported a new India-focused policy development: “India’s Rs 34,284-crore Basmati trade gets a logistics boost with Iraq shipping plan.” The publisher's feed describes the story as follows: IREF has introduced a bulk-shipping initiative aimed at cutting freight costs for Basmati rice exports to Iraq. This initiative will lower costs from USD 350 to USD 90 per tonne, significantly improving competitiveness in the Middle East market. The collaboration with Eximwala Solution

Original reporting by The Economic TimesRead the full story

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