Indian mills contract to export 27 lakh tonnes of sugar, says trade body
Updated : April 21, 2019 02:04 PM IST
India, the world's biggest sugar consumer, late last year approved incentives to encourage cash-strapped mills to export at least 50 lakh tonnes of sugar in the 2018/19 season to help prop up prices by trimming bulging stocks.
Mills have already shipped out 17 lakh tonnes of the sweetener.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more