October 30, 2007

India seeking 1 million tonnes of wheat

India plans to import around 1 million tonnes of wheat to beef up its buffer stocks, a senior government official said Tuesday (October 30, 2007). 

The wheat will be imported by three state-run trading companies, namely, State Trading Corp. of India Ltd, MMTC Ltd and PEC Ltd.," said the official, who did not wish to be named.

He did not disclose a timeframe for the delivery of the planned wheat imports.