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The Economic Times

Global Business / The Economic Times

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Honouring contracts: Cos seek to export 150,000 tonnes sugar

India's sugar industry seeks permission for additional exports. This follows a recent ban on overseas shipments. The industry needs to honor existing contracts with international buyers. The government imposed the ban due to concerns over El Nino and rising domestic prices. This move aims to ensure sufficient sugar for local consumption and build buffer stocks for the next year.

21 May 2026 1:01 am