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Nonetheless, Indian Sugar Mills Affiliation (ISMA) has requested the federal government to permit export of 10 lakh tonne of sugar within the 2023-24 season, anticipating wholesome closing inventory by the season-end.
“As of now, the federal government shouldn’t be contemplating sugar exports though the business has demanded,” a senior meals ministry official informed PTI.
The nation’s sugar manufacturing crossed 30 million tonne until March of the continuing 2023-24 season.
ISMA has revised internet sugar manufacturing estimate for 2023-24 season to 32 million tonne. The federal government has estimated sugar output at 31.5-32 million tonne.
In the meantime, the federal government is contemplating permitting sugar mills to make use of extra inventory of B-heavy molasses for ethanol manufacturing this 12 months.
