Wheat Export: India requested to provide greater than 1.5 million tonnes wheat

India has obtained requests for the availability of greater than 1.5 million tonnes of wheat from a number of international locations that want the staple to beat shortages triggered by the invasion of Ukraine by Russia, commerce and authorities sources stated on Monday.

“Greater than half a dozen international locations have approached India for greater than 1.5 million tonnes of wheat and we are going to see how you can go about these requests,” stated a authorities official who did not want to be recognized consistent with official guidelines.

“India is eager to assist weak international locations and anybody who wants wheat,” stated the official concerned in determination making.

The majority of the request has come from Bangladesh, an everyday purchaser of Indian wheat, the sources stated. India, which has banned non-public wheat exports, is open to particular requests for grain from overseas governments.

For Bangladesh, Indian wheat is a minimum of 30% cheaper than provides from different origins, and it takes nearly every week for Indian cargoes to achieve there, stated the chief of the Indian unit of a worldwide buying and selling agency. He did not want to be recognized as he isn’t authorised to speak to the media.

Bangladesh just lately floated a wheat import tender however Dhaka cancelled it later because of excessive priced bids.

Bangladesh imported a file 4 million tonnes of wheat from India within the fiscal yr to March 2022 towards 1.2 million tonnes purchased a yr earlier.

Apart from Bangladesh, Egypt, the world’s greatest wheat importer, has additionally requested the availability of 500,000 tonnes of the grain by way of diplomatic channels, they stated.

Jamaica and some Asian international locations are amongst different consumers in search of wheat from India, they stated.

Bangladesh wants a variety of wheat and India may not have the ability to fulfil your entire requirement, stated one other supplier with a worldwide buying and selling agency.

India has additionally obtained requests for wheat from the United Nations’ World Meals Programme for the availability of the grain to international locations resembling Uganda and Ethiopia.

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