The mandate to import had been accorded to PEC in view of the market scenario that saw low and expensive arrivals, and in some cases, unviable items for the starch and feed both poultry and cattle feed industry, leading to losses in the industry.
To cater to the requirements of the local industry, therefore, PEC imported almost 2. In India, maize is emerging as third most important crop after rice and wheat.
The importance is only set to rise as it is now increasingly used in industry -- corn starch industry, corn oil production, and bio-fuels etc. While India is more or less self-sufficient in this commodity, even producing enough to export in most years, it has had to import in years of severe drought, which has happened twice in the previous two decades. The imports happened through global tenders to realise the lowest possible prices of the Indian consumers, and with strict requirements for adherence to the Indian phytosanitary rules.
In years of surplus, PEC has also extended financing facilities to local associates for aiding in domestic procurement and exports. Barley is one of the most important grain crop after wheat, rice and maize. Corn syrup is also an important value-added product from corn. It is used in the preparation of confectioneries, marshmallows and various desserts as it helps in improving the texture and flavour of the product.
In India, during the winter season, sweet corn is consumed in boiled or baked form and is quite popular among diet-conscious individuals. Popcorn is also an important value-added product of maize which nowadays is getting recognition as a luxury confectionery product. With the advent of modernisation and busy schedule of people, cornflakes are slowly becoming a common breakfast alternative to cooked food.
It is healthy and time-saving. Corn flakes are prepared after boiling, drying and then pressing the corn seeds. Due to the easy procedure involved and economic set up required for production, corn flakes manufacturing is slowly gaining a strong foothold in our country. Another important value-added product is corn oil. Though it is costlier than usual edible refined oil, the industrial application is varied. It is used for making soap, paint, rustproof and many other oil bases.
The stalk and other by-products of the maize plant are used as animal feed all over the country for their high nutritional composition. Chemical composition and nutritional quality. These serve as the source of carbohydrates in our diet. The protein in maize is composed of essential amino acids such as lysine and tryptophan that are required by our body for various metabolic functions.
Corn oil is rich in oleic and linoleic acids and has high levels of natural antioxidants. Dietary fibre is also an important nutritional component.
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