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India is the largest producer and exporter of cereal product

India is the largest producer and exporter of cereal product

India is the world's second largest producer of Rice, Wheat and other cereals. The huge demand for cereals in the global market is creating an excellent environment for the export of Indian cereal products. In 2008, India had imposed ban on export of rice and wheat etc to meet domestic needs. Now, seeing the huge demand in the global market and country's surplus production, Country has lifted the ban, but only limited amount of export of the commodity are allowed. The allowed marginal quantity of exports cereals could not make any significant impact either on domestic prices or the storage conditions.

The important cereals are - wheat, paddy, sorghum, millet (Bajra), barley and maize etc. According to the advance estimate for the year 2011-12 by ministry of agriculture of India, the production of major cereals like rice, maize and bajra stood at 87.10 million tonnes, 15.86 million tonnes and 9.15 million tonnes respectively,

India is not only the largest producer of cereal as well as largest exporter of cereal products in the world. India's export of cereals stood at Rs. 30,911.08 crore during the year 2011-12. Rice (including Basmati and Non Basmati) occupy the major share in India's total cereals export with 78% during the same period. Whereas, other cereals including wheat and milled products represent 22% share in total cereals exported from India during this period. The major importing countries of India's cereals during the period were UAE, Saudi Arabia, Iran, Indonesia and Nigeria.

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Please note that this is the opinion of the author and is Not Certified by ICAR or any of its authorised agents.