New Delhi: Cargoes worth about ₹345 crore for export to Iran are lying at Kandla and Mundra ports following West Asian crisis, Parliament was informed on Tuesday. In a written reply to the Lok Sabha, minister of state for commerce and industry Jitin Prasada said there are disruptions in shipping and port operations due to the ongoing West Asian crisis which is affecting the cargo movement.
As on Mach 1, rice, tea and pharmaceuticals cargo weighing 35,962 tonne having Free on Board (FOB) value of ₹305.67 crore was lying at Kandla port, which was meant for exports to Iran.
Similarly, rice, tea and pharmaceuticals cargo weighing 5,676 tonne having FOB value of ₹40.72 crore was lying at Mundra port, which was meant for exports to Iran.
Iran is one of the key buyers of Indian basmati rice. During April-January this fiscal, basmati rice worth ₹5,424.24 crore (7,90,691 tonne) was exported to Iran against ₹4,861.83 crore (6,27,030 tonne) in year-ago period.
