Why India’s imports of 3 agri-commodities may touch a new high this year
India's imports of vegetable oils, pulses, and cotton are expected to reach record levels this fiscal year due to the adverse effects of El Niño on domestic production. The country imported 16.9 million tonnes of vegetable oils and 1.1 million tonnes of raw cotton in 2025-26, valued at $19.5 billion and $1.9 billion, respectively, with a similar trend anticipated this year. The ongoing shortfall in rainfall, which is 23.8% below normal for the monsoon season, has significantly impacted crop planting and yields.