Indian mills have signed contracts to export 7.2 million tonnes of sugar in the 2021/22 advertising 12 months with out authorities subsidies, a number one trade body mentioned on Monday.
Mills have already dispatched round 5.7 million tonnes because the begin of the advertising 12 months on Oct. 1, the Indian Sugar Mills Association (ISMA) mentioned in a press release.
Mills have up to now produced 31 million tonnes of sugar in the present 12 months, up from final 12 months’s 27.87 million tonnes, the trade body mentioned.
(Reporting by Rajendra Jadhav; modifying by Jason Neely)
(Only the headline and movie of this report might have been reworked by the Business Standard employees; the remainder of the content material is auto-generated from a syndicated feed.)
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