Sugar rally could help India to export 6 million tonnes without subsidy

By Rajendra Jadhav and Mayank Bhardwaj MUMBAI/NEW DELHI (Reuters) - India could export 6 million tonnes of sugar in the new season starting in October even without government subsidies, with global prices making overseas sales more lucrative after rising to their highest in 4-1/2 years, industry officials said.

New Delhi is expected to withdraw sugar export subsidies from the new season as a sharp rise in prices makes it easier for Indian mills to sell on the world market, the most senior civil servant at the Ministry of Consumer.

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