'Payments worth Rs 2,000-25,000 crore pending:' Basmati rice exporters amid West Asia conflict

Iran Herald · March 26, 2026 Sanctions

Bhopal (Madhya Pradesh) [India], March 26 (ANI): The ongoing conflict in West Asia has severely disrupted India's premium basmati rice exports, causing significant losses to traders and threatening the livelihoods of farmers. According to a Bhopal-based businessman, consignments of Premium 1121 Basmati rice are currently stuck at ports, with payments worth Rs 2,000 crore to Rs 25,000 crore pending.

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