Maharashtra To Produce Record Sugar Levels In New Season
NDTV
Higher production will weigh on local prices and may prompt New Delhi to allow sugar exports in the 2022/23 marketing year starting from Oct. 1. Indian exports could weigh on global sugar prices.
The top sugar producing state Maharashtra is set to churn out record levels for the second year in a row as farmers have expanded the growing area for the cane crop, the state government said in a statement on Monday.
Higher production will weigh on local prices and may prompt New Delhi to allow sugar exports in the 2022/23 marketing year starting from Oct. 1. Indian exports could weigh on global sugar prices.
Maharashtra could produce 13.8 million tonnes of sugar in the season, slightly higher than 13.7 million tonnes this year, the state government said.
