India Seeks to Boost Wheat Exports Amid Global Supply Shift

India has an opportunity to significantly increase its wheat exports as major importers seek to diversify their sources of supply, according to ASSOCHAM. A record harvest has created room for higher exports, with India producing 120.7 million tons of wheat in the 2025/26 season and retaining its position as the world's second-largest producer.

The country's government stocks stood at 51.3 million tons as of May 28, compared to a prescribed buffer requirement of 27.58 million tons for July 1. Competitive pricing could also provide India with an additional advantage, with the minimum support price for wheat set at around $268 per ton for FY 2026/27, while international prices are currently around $303 per ton.

ASSOCHAM sees Bangladesh as the most promising destination for Indian wheat, with the country importing around 6.7 million tons in the 2024/25 season. India could also expand shipments to Egypt, Indonesia, Algeria, Morocco, and the Philippines. However, strengthening India's position among major global wheat exporters will require a predictable export policy, improved logistics, storage infrastructure, and quality control.