Brazil: Major Source for India's Urad & Tur Imports - Govt
By Rediff Money Desk, New Delhi Nov 07, 2024 17:48
India sees potential in Brazil as a major source for urad and tur imports, with trade already increasing significantly. Learn about the growing partnership and its impact on India's pulse market.
New Delhi, Nov 7 (PTI) India on Thursday said Brazil has the potential to become a major source for the import of black gram (urad) and pigeon peas (tur) for the country.
The issue was discussed by a Brazilian delegation led by senior Agriculture Ministry official Julio Cesar Ramos during a courtesy call to Consumer Affairs Secretary Nidhi Khare here.
"Brazil has emerged as a supplier of urad in recent years and has the potential to become a major source of India's urad and tur imports," the consumer affairs ministry said in a statement after the meeting.
The quantity of urad import from Brazil has increased from 4,102 tonnes in the 2023 calendar year to over 22,000 tonnes till October end of 2024, it added.
According to the ministry, trade in pulses with countries like Brazil and Australia has been uniquely advantageous because of the contrast in cropping seasons vis-a-vis India, which allows these countries to plan their cropping pattern based on India's crop prospects.
Take the case of chickpeas (chana), when India notified duty-free import of the commodity in May 2024, following lower rabi-2024 production, Australia responded with a massive increase in sowing area as the period coincided with the sowing season in that country.
Australia's chana production in the current year is estimated at 13.3 lakh tonne against 4.9 lakh tonne in 2023, basically for export to India.
"The arrival of a fresh crop of chana from Australia from the last week of October has augmented domestic availability and helped in dampening prices in the primary markets," the ministry added.
India imports 3-4 million tonnes of various types of pulses annually to meet the domestic shortages.
The issue was discussed by a Brazilian delegation led by senior Agriculture Ministry official Julio Cesar Ramos during a courtesy call to Consumer Affairs Secretary Nidhi Khare here.
"Brazil has emerged as a supplier of urad in recent years and has the potential to become a major source of India's urad and tur imports," the consumer affairs ministry said in a statement after the meeting.
The quantity of urad import from Brazil has increased from 4,102 tonnes in the 2023 calendar year to over 22,000 tonnes till October end of 2024, it added.
According to the ministry, trade in pulses with countries like Brazil and Australia has been uniquely advantageous because of the contrast in cropping seasons vis-a-vis India, which allows these countries to plan their cropping pattern based on India's crop prospects.
Take the case of chickpeas (chana), when India notified duty-free import of the commodity in May 2024, following lower rabi-2024 production, Australia responded with a massive increase in sowing area as the period coincided with the sowing season in that country.
Australia's chana production in the current year is estimated at 13.3 lakh tonne against 4.9 lakh tonne in 2023, basically for export to India.
"The arrival of a fresh crop of chana from Australia from the last week of October has augmented domestic availability and helped in dampening prices in the primary markets," the ministry added.
India imports 3-4 million tonnes of various types of pulses annually to meet the domestic shortages.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Kretto Syscon
- 1.03 ( -4.63)
- 138373597
- Thinkink Picturez
- 2.03 (+ 4.64)
- 77082948
- Rajnish Wellness
- 1.86 (+ 4.49)
- 51273863
- Vodafone Idea L
- 8.08 ( -0.25)
- 43651174
- Srestha Finvest
- 0.94 (+ 9.30)
- 39839348
MORE NEWS
Alvarez & Marsal Appoints Mohit Khullar as MD...
Alvarez & Marsal (A&M) India appoints Mohit Khullar as Managing Director to lead its...
Innov8 Reports Rs 62 Crore Net Profit in FY24
Innov8, the co-working firm owned by OYO group, reported a net profit of Rs 62 crore in...
India's Automobile Industry to be No. 1 in 5...
Union Minister Nitin Gadkari predicts India's auto industry will become the world's...