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The import would be done through the state run trading firm PEC and the State Trading Corporation (STC) under the Ministry of Commerce, official sources said.
The exact quantity is not known, the sources said, adding it is coming in two or three lots.
Commerce and industry minister Anand Sharma said he hoped this would further soften prices.
Sharma has also spoken to Delhi chief minister Sheila Dikshit to ensure immediate distribution of imported onions through Mother Dairy outlets, the sources said.