India extends curbs on sugar exports by a year through Oct 2023

In May, the south Asian country restricted exports through the end of this month to contain a rise in domestic prices following records of exports.

Reuters

Published:29th Oct, 2022 at 12:02 PM

MUMBAI: India, the world's biggest sugar producer, has extended restrictions for sugar export by one year through October 2023, the government said in a notification late on Friday.

In May, the south Asian country restricted exports through the end of this month to contain a rise in domestic prices following records of exports.

India is expected to produce a record sugar crop this year, which could allow New Delhi to allow exports of up to 8 million tonnes, the government and industry official said this month.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

India extends curbs on sugar exports by a year through Oct 2023

In May, the south Asian country restricted exports through the end of this month to contain a rise in domestic prices following records of exports.

Also Read

Bengal: On way to PM's rally, 3 mowed down by train amid dense fog

T20 WC squad: Gill axed, Suryakumar to lead, Axar named vice-captain; Ishan returns

Eggs safe for consumption, cancer risk claims unfounded: FSSAI

8 dead, dozens wounded in Russian strike on Ukraine's Odesa port

Wait till after Pongal: Vijay’s TVK signals major political shift in TN