18 Apr 2024
Monday 29 April 2013 - 17:25
Story Code : 26361

In India apple war, Iran takes bite out of United States

In India apple war, Iran takes bite out of United States
The rivalry between the US and Iran is playing out in the Indian fruit markets. Apples imported from the Islamic nation have taken a bite out of the market share of the popular Washington apples.
India allowed import of apples from Iran earlier this year, and the first batch reached Delhi's Azadpur - Asia's biggest fruit market which supplies products to the entire country - in February.

"After the arrival of Iranian apples, the price of Washington apples crashed by 20%," said trader Rinkle Singh.

Apples from the US, sold at a wholesale rate ofRs.90-120 per kg, faced little competition at Azadpur. But that changed once the Iranian fruit, priced atRs.50-70 per kg, sent the price for Washington apples crashing toRs.60-90 per kg.

Chinese apples, still the most popular import, costRs.40-50 per kg, while Indian apples costRs.60-70 per kg.

Trader Ranjit Singh Kohli said Iranian apples, which arrived in huge numbers, are a hit because of their size, colour and quality.

Because of trade restrictions against Iran, apples from the country had few takers internationally until India, which has aRs.50,000 crore apple market, allowed the import.


But the friendly gesturehas had ramificationsback home.
Virbhadra Singh, chief minister of India's biggest apple producing state, Himachal Pradesh, asked the Centre to impose restrictions on apple import to help domestic producers.Jammu and Kashmir chief minister Omar Abdullah made a similar request.

Of the total number of apples sold in India, 80% are indigenously produced.

By The Hindustan Times

 

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