Vol. 8, Issue 6, Part G (2024)

Abstract: India is the leading exporter of basmati rice in the international market. This research explores the details of India’s basmati rice exports, examining the impact of policy and economic factors on export value. Using time series data from 1980 to 2022 obtained from the Economic Survey of India and the Ministry of Commerce, the study employs statistical methods to analyze export trends. The research identifies structural breaks to divide the period into sub-periods for assessing growth and instability. By applying multiple linear regression, the study identifies the key factors that influence export value. The findings indicate significant variations in growth rates across sub-periods of 12.30 percent and 35.63 percent respectively. Factors such as production, export price, and exchange rate play crucial roles in the value of basmati rice export. Further, the results also highlight the adverse impact of trade openness on India’s basmati rice trade. The Government must take initiative to establish and also ensure proper monitoring of export zones for basmati rice.