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Government says sugar exports are expected to exceed 80,000 tons in the current year


India’s sugar exports are expected to top 80 lakh tonnes in the current marketing year

New Delhi:

India’s sugar exports are expected to surpass 80 lakh tonnes in the 2021-22 marketing year ending in September, surpassing the previous year’s level, Food Secretary Sudhanshu Pandey said on Friday.

In the 2020-21 marketing year, the country exported a record 72.3 lakh tons of the sweetener. The maximum shipments were achieved with the help of a government grant.

The sugar marketing campaign runs from October to September. The sugar exports this year are carried out without the government subsidy.

“We are doing well on the sugar export front. We will exceed 80 lakh tonnes this year, even surpassing the level of the previous year,” Pandey told reporters.

According to data kept by the trade body All India Sugar Trade Association (AISTA), sugar mills exported a total of 58.10 lakh tonnes of sugar from October 2021 to April 7 this year.

Of this total, 49.60 lakh tons of sugar was exported directly by sugar mills and merchant exporters, and 8.50 lakh tons of sugar was delivered to Indian refineries for refining and export, which is considered a deemed export. , did he declare.

India is the world’s second largest sugar producer after Brazil.

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