In Might, India restricted exports by means of the top of this month to include an increase in home costs following file exports

Farmers load harvested sugarcane crop on a tractor, to be transported to a sugar mill, at a village in Karad.

Farmers load harvested sugarcane crop on a tractor, to be transported to a sugar mill, at a village in Karad.
| Picture Credit score: PTI

In Might, India restricted exports by means of the top of this month to include an increase in home costs following file exports

India, the world’s largest sugar producer, has prolonged restrictions for sugar export by one 12 months by means of October 2023, the federal government mentioned in a notification late on Friday.

In Might, India restricted exports by means of the top of this month to include an increase in home costs following record exports.

Defined | Why India, world’s largest producer of sugar, has put the brakes on exports

India is predicted to provide file sugar crop this 12 months, which may enable New Delhi to permit exports of as much as 8 million tonnes, the federal government and trade official mentioned this month.

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