India allows sugar exports of 6.0m tonnes in 2022/23


FE Team | Published: November 05, 2022 20:49:34 | Updated: November 07, 2022 13:06:34


India allows sugar exports of 6.0m tonnes in 2022/23

India will allow the export of 6.0 million tonnes of sugar in 2022/23, in line with market expectations, as the country's production is set to jump to a record high for the second straight year, the government said on Saturday.

The south Asian country is the world's biggest producer of sugar and the second biggest exporter of the sweetener, reports Reuters.

New Delhi has allocated 6.0 million tonnes of sugar to mills based on their production in the past three years, the government said in a notification.

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