India expects to double its annual exports of 500,000 tons of flour to China over the next three years, said Friday the head of a leading industry body in the country.
India, a major supplier of flour in Asia, also the product exported to Vietnam, South Korea and Japan.
"After interacting with a number of market participants in China, I realized that we can easily double our annual exports of 500,000 tons of flour," said BV Mehta, executive director of the Solvent Extractors Association of India (SEA) In an interview with Reuters.
China imported 536,000 tons of flour from India in the year to March 2011, above the 330,000 tons the previous year, said Mehta.
"In 2008/09, we exported 420,000 tonnes," he said.
Mehta said China now imports a total of 2.5 million tonnes of flour, including 1 million tons of rapeseed meal.
flour exports from India to China rose to 85,111 tons in April, compared to 46,254 tons in the same month last year.
I read in Reuters
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