Sugar Output in India to Climb on ‘Heavy Planting’, Group Says
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Sugar output in India, the world’s second-biggest producer, may climb next year as farmers expand crop area to benefit from high prices, a millers’ group said.
Production in the season from Oct. 1 will climb at least 5 percent from an estimated 25 million metric tons this year, Vinay Kumar, managing director of the National Federation of Cooperative Sugar Factories Ltd., said in an interview in Dubai yesterday, where he’s attending an industry conference.