Sugar Exports Jump Over 2.5-Fold To 47 Lakh Tonnes, In Oct 21-Feb 22: ISMA
New Delhi.Sugar exports have jumped over 2.5 fold between October 2021 and February this year to 47 lakh tonnes on higher production and better demand of the Indian sweetener in the global market, according to industry body ISMA.
Sugar marketing year runs from October to September. Sugar exports stood at 17.75 lakh tonnes in the year-ago period. According to ISMA data, sugar production rose 9 per cent between October 2021 and March 15 this year to 283.26 lakh tonnes on higher cane output and better yield. “283.26 lakh tonnes of sugar have been produced till 15th March 2022 as against 259.37 lakh tonnes produced last year by 15th March 2021,” ISMA said in a statement. PTI