date:Feb 28, 2019
which still exceeds estimated annual sugar consumption of around 26 million tonnes. Indias sugar stocks at the start of 2018-29 (Oct. 1, 2018) were estimated at around 10 million tonnes.
India needs to export sugar, Mr. Fessler said, noting the governments expectation that the industry export 5 million tonnes of sugar in 2018-19 has been unsuccessful despite numerous export incentives, because government-mandated domestic prices have been raised, which discourages exports. He said India was a