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India’s Telangana State looks to explore newer export markets for its rice

  • Telangana State in India is exploring new export markets for its surplus rice stocks.
  • The State has signed a memorandum of understanding with a Southeast Asian nation for the export of 10 lakh tonnes (1 million tonnes) of coarse rice annually.
  • Coarse rice varieties such as MTU-1010 and IR-64, grown in Telangana, are in high demand in the Philippines.
  • The Telangana Government aims to tap premium markets, such as the Philippines, to obtain better prices compared to the domestic market.

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