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India cautiously optimistic on agri exports to Iran

The lifting of economic sanctions on Iran has brightened the prospects of agriculture product exports to that country.

Despite domestic challenges, India has the potential to export fruits, vegetables and basmati rice to Iran.

Speaking to BusinessLine, V Shankar, Managing Director of Rallis India, said deficient rain in the last two years has put huge stress on farmers, with commodity prices dropping along with fall in output, a rare phenomenon in any business.

Given the current situation, farmers can definitely tap into export potential to Iran, if the Centre provides a little support to bring down the cost of cultivation, he said.

Fruits and vegetables are a good diversification for farmers as they consume less water compared to other crops and can be grown in 90 days.

Read more at The Hindu BusinessLine
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