economy
January 24, 2026
Iran protests spook Indian rice export hub (VIDEO)
An RT India report reveals that stocks are piling up in trading and export hubs in the northern state of Haryana
TL;DR
- Unrest in Iran is impacting India's rice export and trading hubs in Haryana.
- Rice stocks are piling up due to trade disruptions caused by Iran's economic issues and currency collapse.
- Work processes and trade flow in warehouses in Sonipat, Haryana, have slowed down.
- The entire value chain, including farmers, traders, and manufacturers, has been affected.
- India's exports to Iran have decreased, with a significant portion of basmati rice shipments stuck and payments on hold.
- Protests predominantly occurring in Iranian bazaars, where importers' offices are located, are cited as the main reason for the decline in rice trade.
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