India likely to import 5 million tonnes wheat in 2016-17, says ITC executive

India may import 5 million tonnes of wheat in 2016/17 as its local production is hit by back-to-back years of drought amid rising demand, a leading consumer said on Friday.

The country is expected to produce 85 million tonnes of the grain in 2016, a decline of about 2.3% from last year, said S. Sivakumar, group head of agri and IT businesses at ITC Ltd .