The Economic Times-India may export 10 lakh tonnes rice to Indonesia, valued at Rs 3,300 crore

2/15/2016

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NEW DELHI: India is in talks with Indonesia to export 10 lakh tonnes of rice valued at Rs 3,300 crore as the island nation is expecting fall in production. 

"Indonesia is expecting a fall in rice production this year and looking to import rice. Indonesia has started the negotiation process," a source told PTI. 

Rice is a staple food of Indonesia and it had imported rice last year as well. 

"Though no final decision has yet been taken over the price, but the economic cost .. 

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