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India raises wheat export quota to 5 million tons as new crop supply starts

Economy
Published on 24 April 2026
India raises wheat export quota to 5 million tons as new crop supply starts

New quota targets local market support, but traders still struggle

India has lifted its total wheat export quota to 5 million tons, with the stated goal of supporting local markets. Fresh supplies from the new-season crop are already arriving, and prices are hovering close to the government-set floor price. Traders, however, are reportedly still dealing with complications from the earlier allocation.

  • Wheat export quota increased to 5 million tons
  • Policy move is aimed at supporting local markets
  • New-season wheat supplies are now reaching markets
  • Traders face difficulties due to earlier quota allocation
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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