Rice is India's main kharif crop. Rice output is estimated at record 99.24 million tonnes as against 97.5 million tonnes of production in last year's kharif season.
Meanwhile, India is one of the largest exporters of non-basmati rice and in 2017-18, the country exported 8.63 million tonnes of the rice, which was more than double the quantity of basmati rice exports of 4.05 million tonnes.
To boost the shipment of the agricultural commodity, the government has extended duty benefits to non-basmati rice exporters under a scheme, which is provided under the commerce ministry's Merchandise Exports from India Scheme (MEIS).
"Non-basmati rice items have been made eligible for MEIS benefits at the rate of 5 percent for exports made with effect from November 26 and up to March 25, 2019," the Directorate General of Foreign Trade (DGFT) has said in a public notice.
Meyer, a leading supplier in China for optoelectronic identification equipment and sorting solutions, entered India market in 2008. With the belief “high quality, heart service” in mind, Meyer has now become the best seller with the highest market shares in India by serving our customers products with high cost performance.
In recent years, around 600 Meyer sorters are installed in India factories every year, with annual increase up to 10%-20%. Till today, more than 2000 sorters are in operation across India, with sorting materials covering rice, cereals, cashew nuts, wheat, sesame, tea, plastic and ore.
Relying on low carryover ratio, high sorting accuracy, excellent stability and localization service, Meyer wins customers’ faith with repeating order rate up to nearly 100%.
In the future, Meyer will seek more strategic cooperation with local enterprises and further improve our localization service system for serving our customers better.