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India continues to rely on pulse imports to meet its domestic needs despite a number of initiatives, including various farmer incentives. In 2023–24, imports of pulses nearly doubled to USD 3.74 billion. Although the official number is yet unknown, estimations indicate that sales exceeded 45 lakh tons in the recently ended fiscal year 2023–24 compared to 24.5 lakh tonnes the previous year. According to government sources, the government is discussing extended agreements for pulse imports with prospective markets including Brazil and Argentina in order to meet local demand and control costs. Brazil will supply more than 20,000 tons of urad, and final agreements regarding the import of arhar from Argentina are almost complete. Additionally, the government has agreements with Tanzania, Mozambique, and Myanmar to import pulses. The surge in imports in recent months is to boost domestic supply and keep prices in check.
Tradologie.com is a next-generation, globally verified, transaction-oriented SaaS platform for B2B commodity sales and procurement that connects bulk buyers and bulk sellers of commodities, primarily of branded food and agro-commodities and facilitates operations for them. Pulses producers and pulses sellers can easily get the best price on the platform if they export pulese in bulk while buyers can buy pulses in bulk from vendors across the globe. There are no middlemen involved, and the company facilitates the entire process, which guarantees maximum profits in the shortest time-frame.
Kharif Pulses Production Expected to Decline in India
This year (FY24), it is anticipated that Kharif Production will decrease from 76.21 lakh tonnes to 71.18 lakh tonnes, Urad Production will decrease from 17.68 lakh tonnes to 15.15 lakh tonnes, and Moong Production will decrease from 17.18 lakh tonnes to 14.05 lakh tonnes. However, the fact that the sowing area for pulses has decreased over the last three to four years—from 307.31 lakh hectares in 2021–2022 to 257.85 lakh hectares in 2023–2024 despite an upward tendency is another cause for concern. Sowing area decreased by 16 percent in two years, while production decreased by nearly 14 percent. The Reserve Bank of India has also noted that the cost of pulses is a significant factor in inflation figures and that pressures on food prices are making it difficult to lower inflation to the target of 4%. India is a major producer and consumer of pulses, and it imports some of the food it needs to consume. India is a major consumer of tur, kabuli chana, masur, urad, and chana.
If you are a pulses importer wishing to import pulses in bulk or a pulses exporter willing to export bulk pulses, then Tradologie.com is the right platform for you. Tradologie.com facilitates bulk agro-commodity sales and procurement across the globe. Through tradologie.com’s interface, buyers can avail the best qualities of agro-commodities in bulk at negotiable rates. The transaction oriented platform has 700,000+ verified buyers and about 70,000+ registered sellers of agro-commodities from over 100 countries.
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