Rapid advancement in technology brought a fresh change to agricultural and commodity trading. A few decades back, agricultural products and commodities trading used to take place at local markets and mandis. Middlemen, intermediaries and brokers had a large say in the price control mechanism.
Produced in the fertile plains of north India, Sugandha rice is hybrid traditional basmati rice with no aroma. Cooking Sugandha rice can elongate it up to 14-15mm and is a common replaceable variant of traditional basmati rice. Sugandha rice is long, slender and needs proper warehouse storage. The rice is one of the preferred varieties of Indian rice and has a good global market.
Starting a rice export business requires few certifications and good quality rice supply, but sustaining the success is comparatively tougher than other sectors. It requires more than just fine dining, an excessive study of different parameters. In the rice export from India speed and convenience contribute to the demand and supply, not just a good customer base. If you understand the most important key factors affecting Indian rice exports, you are more likely to have a seamless rice export cycle than your counterparts.
Rice is the most dominant of all cash crops; it is a part of many delicacies and will always be in demand. For export, rice cultivation was first started by the Chinese, which slowly spread across west Asia and south-east Asia. Europe later followed the suit. Countries in eastern and southern parts of Asia have an appropriate climate that is needed to cultivate rice, with a humid environment and suitable soil. The four most basic requirements for rice production are high temperature, humid environment, enriched land, and the surplus of water. The best production capacity for rice is in china, India, Pakistan, Indonesia, etc.
Rice is a staple food all across the globe, be it French, Italian, American, or Indian rice is a part of many cuisines. It is an ancient grain however with time everyone has become more alert about healthy eating and rice is losing its charm. It is considered to be a source of high-level of carbohydrates that isn’t healthy and is associated with weight gain, digestive disorders, etc.
Rice market is ruling the grain market forever. It has been the most consumed grain and that isn’t changing. However, rice trends do keep evolving as per the consumer requirement and market dynamics. Rice is a commodity that is widely studied and scientists keep experimenting with genetic alterations to make it finer and healthier. In recent times, brown rice is a highly talked about rice range which is getting recognition world over.
Commodities like rice are exported and imported in extremely high quantities with rice harvesting taking place in India in the month of June/July. After the harvesting, storage practices of rice grains are a very important step. If the storage needs are not attended carefully it can damage the complete produce. Rice sometimes is stored up to 1-2 years before the next time it is restocked.
The machines are mainly used in Asian Countries like East, Southeast, and South Asia. The main purpose of using the transplanter is to reduce labor costs with less time taken than manual transplanting processes.
Two types of functional instruments are found in the market. One is automatic and the other one is semi-automatic. Some of the features of =&2=& are as follows:
- A seedling tray like a shed roof on which mat type rice nursery is set.
- A seedling tray shifter that shifts the seedling tray like a carriage of typewriters.
- Pickup forks that pick up a seedling from mat type nursery on the seedling tray and put the seedling into the earth.
According to the research report, the global market has hiked for =&2=& during the Financial Year 2019-2020. The major eminent key players in the global market are
- Nantong FLW Agricultural Equipment
In the last Financial Year, the regions where a massive growth was found for the instrument are
- North America (the United States, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia, and Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, and Vietnam)
- South America (Brazil etc.)
- The Middle East and Africa (Egypt and GCC Countries)
Uses of the techniques for sowing are far better than conventional practices in the agricultural field. The technology increases revenue by significantly reducing the number of seedling mats required for the field. These will lower the costs, saving labor, and increasing the efficiency of rice production.
Recently the Government of India has introduced a new policy that the National Food Security Act which requires 33.6 million tons of rice per year for its public distribution system.
Policy Makers from India are developing several policies for consistent food price value in the domestic as well as for the international market. They also ensure that the policies will not distort the market value and maintain food security in the domestic market.
Due to these policies, India’s rice export also plays a significant role in the international market.
Impact of NFSA on Indian Market Growth
India’s National Food Security Act generated much debate among Policy Makers. The policies that are released in the market can able to reduce poverty or hunger in the domestic market but unable to consistent growth in the international market.
The impact of NFSA has a negative impression on rice industry growth. It causes changes in rice consumption in India resulting in a decrease in the rice export growth.
Since rice is the major agricultural export commodity in India, so it has great value with a positive effect in the Indian market. Such a type of policy provides a negative impression on the global market.
The overall economy of India may be on downwards trends due to some complications in the market. There are some precautions should be taken by Policy Makers in India are as follows: