NAVIGATING UNCERTAINTIES: INDIA'S RICE INDUSTRY OUTLOOK FOR 2023
- Credit Rating Agency in India
- Industry Report
- NAVIGATING UNCERTAINTIES: INDIA'S RICE INDUSTRY OUTLOOK FOR 2023
Rice is the staple food for more than half the world's population. Globally, a half billion metric tonnes of rice is consumed every year. It has been the most common source of human nutrition and calorie intake amongst the Asian populace. Rice is the world’s third-most produced agricultural crop behind sugarcane and corn (maize). Rice is extracted from paddy crop and cultivated in both Kharif and in Rabi season in India. Paddy as a Kharif crop is cultivated in autumn season in warmer regions during the monsoon from June to September while as a Rabi crop, it is cultivated during winter-spring season from November to March.