There are quite a few listed Basmati Rice cos. - LT Foods, KRBL, CLSE
Past 2 years have been excellent for basmati rice exporters, with GOI decisions helping them achieve good realizations
Basmati exports were at all time high in FY 24...some details on Basmati rice 🧵
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Paddy, mainly a Kharif crop in India, requires ample water and is typically sown before the monsoon
# Kharif Crops-sowing time (June-July)
Harvesting time (Nov-Dec)
# Rabi Crops- owing time (June-July)
Harvesting time (Nov-Dec)
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Indian rice is categorized into Basmati and Non-Basmati rice
Basmati rice refers to a unique long-grain species of aromatic rice, which is mostly available in brown or white varieties
It originates from the Indian subcontinent, mainly in India and Pakistan
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Rice Milling involved several processes such as
a) Pre-Cleaning
b) De-stoning
c) Parboiling
d) Husking
e) Husk Aspiration
f) Paddy Separation
g) Whitening
h) Polishing
i) Length wise grading
j) Blending
k) Weight & Packaging
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Kharif season is the main rice growing season in India, and accounts for about 84% of the country's total rice production
Over the past decades, the trend in rice production in India has shown a consistent increase in both Kharif and Rabi seasons, with a few fluctuations
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Minimum Support Price for Rice:
MSP, set by GOI, ensures farmers receive a guaranteed price for their rice, protecting them from price fluctuations during surplus production years
Over the past decade, MSPs for both Paddy-Common and Paddy-Grade A have consistently risen
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Indian basmati rice market in India reached around ₹ 485 Bn/ ₹ 48,510 Crores, and it is predicted that the revenue will cross the mark of ₹ 500 Bn/₹ 50,000 Crores by the end of 2030
Around ~90% of the basmati rice production in the world is contributed from India
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India annually exports more than 4 million tons of basmati to Iran, Iraq, Yemen, Saudi Arabia, UAE and USA
Europe is another big market for the rice
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Key Trends & Opportunities for Basmati Rice Export from India:
India is the #1 Exporter of rice
1) Export Leader 2) Demand from Middle East 3) Growth of Ethnic Cuisine across the globe & Indian Biryani getting popular 4) Excellent Quality Standards
I particularly like Engr. goods cos. with small replacement cycle
They are a lot like FMCG
Sealmatic makes mechanical seals for critical industries like oil & gas, chemical, nuclear, etc
Here's a 🧵 on Seals industry
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A seal is a device used to prevent leakage of liquids, gases, oil, chemicals, water, steam, or air from one area to another
It prevents dust and contaminants from entering machinery such as pumps, motors, compressors, engines, and household appliances
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Why Seals Are Needed?
- To prevent leakage of liquids, gases, oil, chemicals, water, steam, or air from one area to another
- To prevent product loss
- To ensure safety
- To prevent contamination of clean fluids
- To maintain machine efficiency