{
  "id": 5269889,
  "title": "India can unlock over USD 1.5 billion wheat export opportunity as global buyers diversify sourcing: ASSOCHAM",
  "url": "https://urgent.news/2026/09/03/india-can-unlock-over-usd-1-5-billion-wheat-export-opportunity-as",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-03T06:29:27.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/agriculture/india-can-unlock-over-usd-1-5-bn-wheat-export-opportunity-as-global-buyers-diversify-sourcing-assocham/articleshow/133727606.cms"
  },
  "original_language": "en",
  "account": "New Delhi - India stands to gain over USD 1.5 billion in wheat exports, according to an ASSOCHAM report. This potential surge in exports is fueled by a robust domestic wheat harvest, ample stocks, and major global buyers' efforts to diversify their sourcing. Since 2012, India has entered one of the most promising eras in the global wheat trade, with exports gradually reopening after a four-year restriction period.\n\nIndia's record wheat production in the 2025-26 season has positioned it as the world's second-largest wheat producer, with 120.7 million tonnes (MMT) of wheat harvested. Furthermore, wheat stocks in the Central Pool reached 51.3 MMT as of May 28, 2026, surpassing the prescribed buffer norm of 27.58 MMT for July 1. Despite this surplus, India's current export volume remains modest, presenting a vast opportunity to expand wheat exports in the future.\n\nThe price advantage of Indian wheat is evident in the global market. The minimum support price (MSP) for wheat in India for FY2026-27 is approximately USD 268 per tonne, which is roughly USD 35 lower than the international wheat price of around USD 303 per tonne in May 2026. Bangladesh presents the most promising opportunity for Indian wheat exports, as Bangladesh imported about 6.7 MMT of wheat in 2024-25 and India is already among its key suppliers. Other potential markets include Egypt, Indonesia, Algeria, Morocco, and the Philippines, which could also benefit from India's wheat exports.\n\nHowever, for India to capitalize on this potential, it must focus on maintaining consistent quality, investing in better logistics, improving storage and testing facilities, and creating greater clarity in export policies. With a steady and predictable approach to exports, coupled with investments in storage, transport, and port infrastructure development, India can solidify its position as a dependable global wheat supplier.",
  "summary": "India can unlock a wheat export opportunity of more than USD 1.5 billion as the gradual reopening of exports coincides with strong domestic production, comfortable stocks and efforts by major global buyers to diversify their sources, an ASSOCHAM report said.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
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        "url": "https://urgent.news/2026/09/03/indias-127-bln-nri-deposits-arm-rbi-with-more-firepower-setting-rupee",
        "published": "2026-09-03T03:31:34.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
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        "url": "https://urgent.news/2026/09/03/stratospheric-us-127-billion-from-indias-diaspora-to-aid-rupee",
        "published": "2026-09-03T06:22:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}