Basmati rice sales to cross Rs 50,000 crore this fiscal, says Crisil

"Next fiscal, however, sales will decline by 5-7% as basmati rice realisation is expected to soften with anticipated increase in paddy acreage, leading to higher supply. The volume demand is expected to remain stable at ~6.8 million tonne," Crisis added.

Basmati rice sales to cross Rs 50,000 crore this fiscal, says Crisil
"Next fiscal, however, sales will decline by 5-7% as basmati rice realisation is expected to soften with anticipated increase in paddy acreage, leading to higher supply. The volume demand is expected to remain stable at ~6.8 million tonne," Crisis added.