India Sugar Production Set to Reach Record on Higher Yields
- Exports needed to reduce inventories, sugar mills body says
- Production may total 31.5 million tons in 2017-18: ISMA
A sugercane harvest in Taloda, Maharashtra, India
Photographer: Dhiraj Singh/Bloomberg
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Sugar output in India will likely reach a record this year as timely showers helped boost yields in the world’s top consumer.
Production may total 31.5 million metric tons in the year that began on Oct. 1 , said Abinash Verma, director general of the Indian Sugar Mills Association. That compares with its March estimate of 29.5 million tons and the previous record of 28.36 million tons in 2006-07, according to the association’s data.