You are here: Home » Reuters » News
Business Standard

India plans to export two million tonnes of sugar to China from next year - government

Reuters  |  NEW DELHI 

(Reuters) - plans to export 2 million tonnes of raw to from next year, the trade ministry said on Thursday, as part of efforts to trim bulging stocks of the sweetener and bridge a widening trade deficit.

Producers' body Indian Mills Association and China's have already signed an initial deal for 15,000 tonnes of sugar, the ministry said in a statement.

Last month, the ministry said was keen to sell more rice and to to help cut the widening trade deficit.

(Reporting by Mayank Bhardwaj; Editing by Subhranshu Sahu)

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

First Published: Thu, November 08 2018. 16:58 IST
RECOMMENDED FOR YOU