India's sugar output increased by 4% from October 1-January 15, hitting 15.7 million tonnes

Published 2023년 1월 17일

Tridge summary

India's sugar production has seen a near 4% increase this season, with the total production reaching 15.7 million tonnes compared to 15.1 million tonnes last year. This growth is due to the operation of more mills in the country, with 515 mills in operation from October 1 to January 15, up from 507 mills the previous year. India, being the world's largest sugar producer and the second-largest exporter, has allowed overseas shipments of 6 million tonnes of sugar for the 2022/23 season, with the possibility of more exports in the second tranche.

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Original content

India's sugar production grew by nearly 4 per cent since the current season began last October, an industry body said in a statement on Tuesday. This can be attributed to increased operation of more mills in the country. Mills have produced 15.7 million tonnes of sugar so far this season, up from 15.1 million tonnes churned out during the same period a year earlier, reported Reuters citing the Indian Sugar Mills Association. Between October 1 and January 15, 515 sugar mills were operational in the country against 507 mills a year ago, the statement said. India is the world's largest producer of sugar and the second-largest exporter. Indian mills exported an all-time high of more than 11 million tonnes of sugar in the 2021/22 ...

Source: Economic times