India set to meet domestic wheat demand without imports as stocks...

added a post in Business

2025-05-28 10:58:08 -

India set to meet domestic wheat demand without imports as stocks rebound beyond forecast

India's bumper wheat harvest is rapidly replenishing government stockpiles, eliminating the need for imports and potentially impacting global wheat prices. Procurement has reached a four-year high, with expectations of exceeding the requirements for the national food welfare program. Despite this surplus, the export ban remains in place to further bolster reserves.

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