Indian sugar industry poised to export 5 mn tonne, likely to set new record


India, the world's biggest sugar producer, is poised to break its own export record this year thanks to a flurry of overseas sales in the past few months, prompted by attractive global prices, trade and industry officials said on Tuesday. Sugar mills in India have done deals to export 2 million tonnes in the new season that began on Oct.

1, 2019, raising hopes that the country would sell at least 5 million tonnes on the world market in the 2019/20 season, nearly a third higher than the previous year. "Looking at the current.

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