David James
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Now, an Iran-US battle for apple pie in India
Iran and the US have opened a new front in their hostilitiesin the Indian fruit market.
And here, Iran is undercutting the US and emerging a clear winner, says a report in the Hindustan Times.
Iran was allowed to import apples to India recently and the first batch from there hit the local markets only in February, the report says.
Reuters
Iranian apples have pulled down the prices of Washington apples by 20 percent, the report quoted trader Rinkle Singh as saying. Reuters
According to the report, US apples were being sold at Rs 90-120 per kg in Delhis Azadpur market, a key wholesale market for fruits in the country.
The price of the Iranian produce, on the other hand, is almost halfRs 50-70 per kg. Chinese apples are priced Rs 40-50 and Indian ones Rs 60-70, the report said.
Indias apple market is worth Rs 50,000 crore (US$ 10 billion), and 80 percent of this is locally produced, the report said.
Now, an Iran-US battle for apple pie in India - Firstpost
Iran and the US have opened a new front in their hostilitiesin the Indian fruit market.
And here, Iran is undercutting the US and emerging a clear winner, says a report in the Hindustan Times.
Iran was allowed to import apples to India recently and the first batch from there hit the local markets only in February, the report says.
Reuters
Iranian apples have pulled down the prices of Washington apples by 20 percent, the report quoted trader Rinkle Singh as saying. Reuters
According to the report, US apples were being sold at Rs 90-120 per kg in Delhis Azadpur market, a key wholesale market for fruits in the country.
The price of the Iranian produce, on the other hand, is almost halfRs 50-70 per kg. Chinese apples are priced Rs 40-50 and Indian ones Rs 60-70, the report said.
Indias apple market is worth Rs 50,000 crore (US$ 10 billion), and 80 percent of this is locally produced, the report said.
Now, an Iran-US battle for apple pie in India - Firstpost