India’s National Cooperative Export Ltd (NCEL), comprising top Indian cooperatives, is poised to export 1,600 tons of white rice to Singapore, a significant step in bilateral trade, media reports say.
Negotiations with Singapore’s aggregator have yielded this milestone. Further talks aim to expand exports.
Despite customs duties posing challenges, NCEL, backed by Amul, Kribhco, IFFCO, NAFED, and NCDC, remains dedicated to meeting international demand.
This collaboration highlights the cooperative sector’s prowess in global economic endeavors.