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India likely to produce record high sugar next year, could revive exports

Business Standard LogoBusiness Standard2w ago

India likely to produce record high sugar next year, could revive exports - Business Standard

Quick Summary:

The rebound in production would allow the world's second-largest sugar producer to resume exports in 2025/26, they said, after a lack of rain cut cane yields and led to two years of restrictions.

This planting activity is setting the stage for a record-breaking sugar harvest next season," said Prakash Naiknavare, managing director of the National Federation of Cooperative Sugar Factories.

This year, cane-growing regions of Maharashtra and Karnataka received up to 39 per cent more rain than average."Farmers are planting sugarcane in full swing.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 16:16:12 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 581 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24321436

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 228 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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