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Dhaka Tribune

India extends curbs on sugar exports by a year through Oct 2023

India is expected to produce record sugar crop this year

Update : 29 Oct 2022, 01:21 PM

India, the world's biggest sugar producer, has extended restrictions for sugar export by one year through October 2023, the government said in a notification late on Friday.

In May, the south Asian country restricted exports through the end of this month to contain a rise in domestic prices following records exports.

India is expected to produce record sugar crop this year, which could allow New Delhi to allow exports of up to 8 million tonnes, the government and industry official said this month.

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