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Rising demand, lower price than competitors to boost rice exports: IREF
India's rice exports have risen 13 per cent in value terms during the first half of this fiscal year, and the outlook remains strong as the country has surplus stock to meet rising global demand, according to the industry body IREF. In an interview with PTI, Indian Rice Exporters Federation (IREF) Vice President Dev Gard said the price of Indian rice is at least 10 per cent cheaper than competitors. According to government data, India's rice exports grew 13 per cent to Rs 54,937.71 crore in the…
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