India could restrict sugar exports to 10 mln govt source says

Reuters| New Delhi | India

Updated: 24-05-2022 14:44 IST | Created: 24-05-2022 14:07 IST

Image Credit: ANI

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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