India allows the export of wheat flour processed from imported grains

India has allowed export-oriented units and companies located in Special Economic Zones to export flour made from imported wheat, according to an order released by the government on Friday, meeting demands from food processors to allow shipments of value-added products. . India will allow food processors to import wheat duty-free under a commitment to export flour, the government said in the order. After a sudden rise in temperatures in mid-March reduced the wheat crop, India, the world's second largest producer of the grain, banned foreign sales of the staple food to ensure supplies for its 1.4 billion people. Wheat exports from India, also the world's second-largest consumer of the staple, surged after Russia's invasion of Ukraine hit supplies to the Black Sea region, resulting in a jump in global prices. After banning wheat exports in May, Prime Minister Narendra Modi's government restricted wheat flour exports in August to curb local prices. The wheat export ban boosted demand ...