India could restrict sugar exports to 10 mln govt source says


Reuters | New Delhi | Updated: 24-05-2022 14:44 IST | Created: 24-05-2022 14:07 IST
India could restrict sugar exports to 10 mln govt source says
Representative image Image Credit: ANI
  • Country:
  • India

India plans to restrict sugar exports for the first time in six years to prevent a surge in domestic prices, potentially capping this season's exports at 10 million tonnes, a government source told Reuters on Tuesday.

India is the world's biggest sugar producer and the second biggest exporter behind Brazil.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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