India's pulses imports in fiscal 2024 surged 84% year-on-year to their highest level in six years after lower production prompted India to allow duty-free imports of red lentils and yellow peas, government and industry officials said on Thursday. Higher imports by India, the world's biggest importer, producer and consumer of protein-rich pulses, have been supporting global prices and helping bring down stocks in exporting countries such as Canada, Australia, and Myanmar. India imported 4.65 million metric tons of pulses in the year ended March 31, 2024, the highest since fiscal 2018, and up from 2.53 million tons imported a year ago, according to provisional data shared by a government official who declined to be named. India also imported pigeon peas and chickpeas to overcome a shortfall in production, the trader added. The South Asian country usually imports pulses from Canada, Myanmar, Australia, Mozambique and Tanzania. (ICE NEW DELHI)

Fonte notizia: Economic Times