INDIA-AGRI — Weak monsoon threatens to swell India's agri-import bill, stoking inflation fears

Concerns are growing over India's agricultural import costs as a potentially poor monsoon could worsen domestic shortages of key commodities. The country's edible oil import bill is already projected to climb to $18.50 billion in FY26 from $10.98 billion in FY22. Similarly, pulses imports are forecast to reach $4.25 billion, up from $2.56 billion, highlighting the economy's vulnerability to weather patterns and global price fluctuations.