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Indian sugar mills seal export contracts but won't meet govt target
Govt is pushing mills to export more sugar and clear cane arrears to farmers
Published Tue, Oct 20, 2015 · 09:50 PM
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Mumbai
INDIAN mills have contracted exports of almost 100,000 tonnes of home-grown white sugar, but will likely struggle to meet an ambitious government target, traders said.
India has been pushing mills to sell sugar on the international market and use the proceeds to clear huge debts they owe farmers for sugarcane.
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