India is one of the world's leading wheat producers. The price of wheat had risen against the backdrop of Russia's military invasion of Ukraine.
India has indicated that it will continue the ban in order to ensure a stable supply in the country. The ban can also affect the international price of the grain, which is used to make bread and other food products for the domestic market. The U.N. says India is the second largest producer of wheat in the world, after China, with more than 1 million tons produced.