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Article: India : India likely to import 7.5 MT sugar this season.

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TendersInfo
Article date:
September 11, 2009
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Byline: pinto03

India will need to import 7.5 million tonnes of sugar to meet the unchanged domestic consumption of 23.5 million tonnes in the 2009-10 sugar season (October-September).

According to the Union Minister of Agriculture Sharad Pawar, the country s sugar output is estimated to rise a paltry 10 per cent to 16 million tonnes in the ensuing season from 14.7 million tonnes last year. Industry estimates suggest that India will have to increase its import to 7.5 million tonnes to maintain reserves of sugar.

Private sugar mills and government-nominated commodity trading agencies have so far imported 4 million tonnes of sugar (including raw ...

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