India to allow export of 1 million tonnes of sugar
India has allowed 1 million tonnes of sugar to be exported in the current season, which will end in September 2025. This was announced by the country's food minister, confirming earlier information published by Reuters.
India's sugar exports could have a positive impact on the global market by improving its stability and preventing a possible sugar glut. It could also help increase income for Indian sugar producers and improve the economic situation in the country. However, it is important to keep in mind that exports should be done keeping in mind the needs of the domestic market so as not to cause a shortage of sugar in the country. Therefore, the regulation of sugar exports should be done carefully and responsibly to ensure a balance between the domestic and external needs of the sugar market.