India is likely to export around 24 million tonnes of rice in the 2025-26 marketing year, thus cornering around 40% of the market share, according to the United States Department of Agriculture (USDA). Though the US agency did not explicitly say so, the optimism about India’s rice exports in 2025-26 comes against the backdrop of bulging foodgrain stocks which, as of April 27, were estimated to be almost 66.16 million tonnes (wheat and rice) as against the annual public distribution system (PDS) requirement of 60 million tonnes. On top of that, a strong monsoon, as predicted by the India Meteorological Department (IMD) in 2025, would further assist paddy planting. Rice production in the 2024-25 main Kharif sowing season was estimated at 121 million tonnes, almost 7% more than in the same season last year, said a report.
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