Pusa Basmati Rice trade status and development over the years
Rice is the staple diet of more than half of the world’s population. It is grown extensively in the Asian countries of China, India, Thailand, Vietnam and Bangladesh. As a matter of fact, India holds the unique distinction of being the largest exporter of rice. Other major rice exporting countries are Thailand, Pakistan and Bangladesh. Basmati rice of the Indian subcontinent is in great demand throughout the MENA (the Middle East and North Africa) countries. Some of the major importers of basmati rice are Iran, Saudi Arabia, Kuwait, Bahrain, UAE, Egypt, etc. Besides basmati, non-basmati rice has also become popular in the last few years. Some of the more popular varieties of basmati rice are traditional basmati rice,1121 Basmati Rice,1509 Basmati Rice, Sugandha Basmati Rice, Pusa Basmati Rice, Sharbati Basmati Rice, PR-11/14 Basmati Rice, Traditional Pakistani Basmati Rice, 1121 Pakistani Basmati Rice, Super Kernel Pakistani Basmati Rice, C-9 Long Grain Rice, etc.
Pusa Basmati Rice is one of the most popular varieties of basmati rice. 1121 Pusa Basmati Rice one of the more popular variety was released in the year 2003. The rice was developed by introgression of Basmati 370 and type 3. The rice is grown in approximately 70% of areas under total cultivation of Basmati rice. It has a grain length of around 9mm, with a pleasant aroma and a high kernel elongation ratio. A new variety of Pusa basmati rice called Pusa-1718 is expected to further boost the export of Basmati rice. The new variety has been developed by the Indian Agricultural Research Institute. The variety inherits its features from the widely grown Pusa 1121. Pusa-1718 has been gifted with two extra genes to fight the bacterial leaf flight disease. It helps in increasing the yield per hectares besides preventing lodging issues. The variety is slowly finding acceptance among the farmers of India, especially Punjab and Haryana the grain bowl of the country. Compared to the yield of traditional Basmati rice, Pusa-1718 has an impressive output of around 20 quintals/acre to 9 million/acres. The earlier variety of Pusa basmati rice, 1121 Pusa Basmati has the problems of bacterial leaf blight disease. To aggravate the problems, no pesticide has been effective in dealing with such bacteria.
Generally, a new variety takes almost 5-6 years to produce the desired result. However, the case with Pusa 1718 has been different. The result has been promising and it is expected to be accepted by farmers in 2-3 year’s time. Cultivation of the rice will help in sustaining the basmati rice exports to the world. 1121 Pusa Basmati Rice has helped to generate foreign exchange of approximately $21 billion since 2008. The new Pusa 1718 basmati rice will play a similar role as per the officials and experts of the commerce ministry.
Basmati rice cultivation has been facing multiple challenges related to bacterial blight, neck blasts, insect pests, etc. New research and development have successfully reduced the crop duration from 160 days in traditional Basmati rice to 140-145 days in 1121 Pusa basmati rice. Higher yields and reduced crop duration has kept the new millers and farmers motivated to take up the Basmati rice trade. Higher employment in the sector is one of the direct benefits of increased cultivation and businesses. The new varieties like Pusa -1718 basmati rice will more likely maintain the past momentum of high demand from the international markets.
International trade of Pusa basmati rice oil has been booming for the past few decades. Buyers looking to buy Pusa basmati rice online can use modern technology and platform to procure the rice in bulk at a fair price. It’s India’s only intelligent digital platform. TRADOLOGIE is a next-generation, B2B, global sourcing platform for agro-commodities including olive oil and construction materials. The entity specializes in offering end to end solutions from inquiry to delivery for its customers across the globe. It not only facilitates direct interaction between buyers and sellers but also takes responsibility for any supply chain issues. This is to make sure that the buyer receives the ordered goods without any hiccup. Pusa Basmati Rice Manufacturers can connect seamlessly with the buyers on TRADOLOGIE and expand the existing business. The company ensures that payment is secured for both buyers and sellers through a comprehensive mechanism. Some of the highlights of the company reflecting its efficiency have been listed below:
1. TRADOLOGIE.COM directly connects 200,000,100% verified buyers with 20,000 verified sellers.
2. Through its revolutionary Methodology TRADOLOGIE.COM has Enabled digital trade worth 20 Billion with minimal ground staff
3. TRADOLOGIE.COM provides a separate app for both sellers and buyers to help them trade on the go and to track the trade from the stage of inquiry to the stage of delivery.
4. The USP of TRADOLOGIE.COM is the Negotiation Platform that allows sellers to quote prices to the buyer in real-time on a reverse bidding mechanism. The seller is able to Quote Prices while having 100% Genuine Market Insight while the buyer can see the whole spectrum of sellers and place orders after seeing the profile of participant sellers (including previous orders) and negotiating with them through counter offer mechanisms.
For more information about exporting/importing Pusa Basmati Rice, visit our web-portal:
https://www.tradologie.com/lp/pusa-basmati.html
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