- Amira Nature Foods (ANFI +2.9%) says it landed approval to export basmati rice to China.
- The company notes it's part of a select group of Indian companies with the opportunity to enter China, which historically has not permitted basmati rice imports.
- “International expansion has been a strong pillar of our growth, and we are very excited to have this tremendous opportunity to further increase our international distribution footprint with Amira's entrance into the China market,” says Chairman Karan Chanana.
- Source: Press Release