04-May-2026
Economy News
 
India resumes wheat exports after four years but high prices likely to limit demand
04-May-2026

Indian traders have begun exporting wheat for the first time in four years, as ample stocks, higher global prices and firmer freight rates have opened a window for them to make small shipments to buyers in Asia and the Middle East, trade sources said. Consumer goods conglomerate ITC has started loading 22,000 metric tons of wheat at the western port of Kandla for shipment to the United Arab Emirates, sources said, declining to be identified as they were not authorised to speak to the media.

News Source:- https://economictimes.indiatimes.com/news/economy/agriculture/india-begins-wheat-exports-after-four-year-hiatus-on-bumper-crop/articleshow/130749411.cms