You are here

Sugar exports from India seen doubling

BT_20150626_SYBUMPER26_1741565.jpg
Govt has pledged a subsidy of 4,000 rupees a tonne for raw sugar exports as domestic rates are above global prices.

New Delhi

SUGAR exports from India may double as farmers prepare to harvest the third-biggest crop ever, extending the country's surplus for a sixth year.

Shipments will be two million tonnes in the 12 months starting Oct 1, going by the median of six estimates from refiners,