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India Gate aims record paddy procurement this season, eyes strong Basmati exports

Dhuri (Punjab) [India], November 23 (ANI): The parent company of ‘India Gate’ basmati rice brand has set a record paddy procurement target this season, given the opportunities the business has to offer with the government removing the floor price on export of Basmati rice in September this year.
India consumes about 105-110 million tonne of rice annually, of which about 4 million tonne is Basmati. The country exports abou