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Sugar output may rise 24.2% to 25.1 mt in FY18: Source

Higher output will help India to obviate import needs in the next season

Reuters  |  New Delhi 

India's sugar output is expected at 25.1 million tonnes in the year beginning October, up 24.2% from the 2016/17 season, an industry source said on Thursday. Higher output will help India, the world's biggest consumer of the sweetener, obviate import needs in the next season. After letting mills import half a million tonnes of duty-free raw sugar this year, the government is soon expected to allow imports of another 200,000 tonnes at an import duty of 25%.    

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First Published: Thu, September 07 2017. 13:35 IST
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