India is in final talks to start wheat export to Egypt
Zee News
India's wheat exports increased to USD 1.74 billion during April-January 2021-22 as against USD 340.17 million in the same period last year.
New Delhi: India is in final talks to start wheat export to Egypt while discussions are going on with countries like China, Turkey, China and Iran to begin the outbound shipments of the commodity, the commerce ministry said on Saturday.
It said that India's wheat exports increased to USD 1.74 billion during April-January 2021-22 as against USD 340.17 million in the same period last year.
In 2019-20, wheat exports were worth USD 61.84 million, which rose to USD 549.67 million in 2020-21, it said.
It also said that the Agricultural and Processed Food Products Export Development Authority (APEDA) has recently organized a meeting of key stakeholders in the value chain for promoting exports to those countries which have a huge shipment potential in the wake of global supply chain disruptions due to the Russia-Ukraine conflict.
"At the meeting, the Railways assured to make available sufficient rakes to meet any immediate demand for additional wheat transport. Port authorities have also been asked to augment dedicated terminals along with dedicated containers for wheat apart at ports," it added.
