Telangana positioned to cash in on rice trade
Telangana could benefit from rising global rice prices and export demand, according to Professor Jayashankar Telangana Agricultural University. The report highlighted export opportunities for milled rice in Southeast Asia and parboiled rice in West Africa, while urging climate-resilient production and coordinated trade policies.
Hyderabad: With Prime Minister Narendra Modi recently proposing austerity measures and promoting ‘Make in India’ products, agricultural economists say Telangana is well placed to benefit from rising opportunities in global rice exports.
A policy paper submitted by Professor Jayashankar Telangana Agricultural University (PJTAU) to the state govt said the evolving global rice market could push up prices, creating an opportunity for Telangana to increase exports and improve farm incomes.
The report noted that Telangana, one of India’s major rice-surplus states, can strategically utilise its exportable surplus during periods of high global prices to secure better returns while also supporting food security in rice-importing nations.
Telangana’s surplus mainly consists of long-grain milled rice and parboiled rice, allowing the state to adopt market-specific export strategies, the document stated.
According to the paper, countries such as Indonesia, Malaysia and the Philippines offer strong potential markets for milled rice, while West African nations, particularly Nigeria, have significant demand for parboiled rice.
The economists cautioned that the global rice market remains vulnerable to climate variability, geopolitical conflicts and abrupt policy decisions by major exporting and importing countries.
Past crises have shown that market instability is often worsened not only by production shortages but also by uncoordinated and reactive policy interventions, the report observed.
The paper stressed that effective policy coordination, transparent trade measures, improved market intelligence and investment in climate-resilient, resource-efficient rice production systems would be crucial for long-term stability.
It added that India would continue to play a key role in global rice trade, and timely export decisions by surplus-producing states like Telangana could enhance farmer incomes while contributing to global food security.
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Source : The Times Of India
