Indian basmati rice yields seen up 5-10% this year, industry head says
Basmati IREF head Rajeev Setia expects Indian basmati yields to rise 5-10% this year on good monsoon rains and crop health, per Moody's.
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what happened
Yields of India's basmati rice could climb 5 to 10 per cent this year from the previous season, according to Moody's, which cited Rajeev Setia, president of Basmati IREF and joint managing director of Chaman Lal Setia Exports Ltd.
Setia credited the monsoon and later rainfall with supporting the crop, and pointed to visibly green fields as a sign of healthy growth. He made the comments to news agency ANI at the Bharat International Rice Conference 2026 in New Delhi.
He also expects demand for basmati to rise over time, helped by growing interest in Indian cuisine in Europe and the United States. His company ships to 96 countries. The conference runs from October 23 to 25.
why it matters
Higher yields could improve export availability from India, but actual shipments will depend on overseas demand and market conditions. For grain markets, this is a supply factor that traders weigh alongside global rice prices.
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sources
- India's basmati rice yield likely to be 5-10% higher this year: Industry leader — Moody's, 24 October 2026 at 12:34 UTC
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