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HAFED to export 85,000 MT basmati rice to UAE
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IANS | 22 Feb, 2023
HAFED, the apex cooperative federation of Haryana, has procured export
orders of 85,000 metric tons (MT) basmati rice valuing Rs 850 crore from
a Saudi Arabia importer, Managing Director A. Sreenivas said on
Wednesday.
He said of this, an order of 33,000 MT has been executed and the rest is under the process of execution.
HAFED
is currently participating in the world's biggest food and beverages
exhibition at Dubai, aGULFOOD 2023', by putting up its exhibition stall
for the first time.
Its Chairman Kailash Bhagat and Managing
Director Sreenivas, along with officers, visited the exhibition and had a
series of meetings with potential buyers of basmati rice for export
tie-ups, an official statement said.
Sreenivas said HAFED procured export orders from the leading importer M/s Saleh A Babekar Sons Company of Riyadh.
"HAFED
is also making commercial purchases of basmati paddy and has procured
2.75 lakh MT basmati paddy from farmers during the current financial
year," he said.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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₹88.70
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₹119.90
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₹100.65 |
| Japanese
Yen |
₹59.20 |
₹57.30 |
| As on 30 Oct, 2025 |
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