India could export up to a million tonnes more sugar in the 2022/23 season if production is at the upper end of current estimates, an official at one of the country's biggest sugar and ethanol makers said on Wednesday. Avantika Saraogi of Kolkata-based Balrampur Chini Mills (BACH.NS) said on the sidelines of the Dubai Sugar Conference that current estimates for India's sugar production ranged from 33.5 million to 34.5 million tonnes. India has exported just 6.1 million tonnes of sugar so far in 2022/23, down from a record 11 million tonnes the previous season. Government and industry officials played down the prospect of more exports due to an expected drop in production, particularly in the main producing state of Maharashtra. Saraogi said, however, if the crop exceeds 34.0 million and the government sees enough stocks in April, it may well approve up to a million tonnes of new exports. The Indian Sugar Mills Association (ISMA) cut its forecast at the end of January to 34 million ...
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