April 18, 2024 3:50 PM
India’s FY24 pulses imports hit 6-year high as red lentil purchases jump
India's pulses imports in fiscal 2024 surged 84% year-on-year to their highest level in six years after lower production prompted India to allow duty-free imports of red lentils and yellow peas, government and industry officials said on Thursday. Higher imports by India, the world's biggest importer, producer and consumer of protein-rich pulses, have been supporting global prices and helping bring down stocks in exporting countries such as Canada, Australia, and Myanmar. India imported...