India is set to begin its new sugar season in October with adequate opening stocks, despite lower production in the current season. The government has permitted mills to export 1 million tons of sugar in January for the season ending in September 2025. Despite initial estimates of a surplus, industry bodies have revised output estimates, raising supply concerns. However, the Indian Sugar & Bio-Energy Manufacturers Association reassures that opening stocks will be ample and next year's production is expected to increase. Sugar traders anticipate price hikes due to decreased output and seasonal demand peaks. The government will monitor sugar prices and intervene as necessary, as sugar prices are politically sensitive and heavily regulated in the country.