New Delhi, March 5 -- Nearly 4 lakh metric tonnes (MT) of basmati rice exports from India are currently stranded at ports or in transit as escalating tensions in the Gulf region disrupt trade flows and raise payment-related uncertainties for exporters.

Industry representatives say around 2 lakh tonnes of basmati rice is stuck at Indian ports while a similar quantity remains in transit, creating concerns for exporters dealing with thin margins in the commodity, reported The Indian Express.

According to All India Rice Exporters' Association President Satish Goel, exporters have held discussions with officials from the Ministry of Commerce to review the situation. Authorities are reportedly in contact with shipping lines to assess the impa...