India exports 7.5 mn tonnes sugar till May 18 in current marketing year
India has exported 75 lakh tonnes of sugar till May 18 in the current marketing year ending September, the Food Ministry said on Thursday.
Sugar marketing year runs from October to September.
"Export of sugar in current sugar season 2021-22 is 15 times of export as compared to export in sugar season 2017-18," the ministry said in a statement.
The major importing countries are Indonesia, Afghanistan, Sri Lanka, Bangladesh, UAE, Malaysia and African countries.
In 2017-18, 2018-19, 2019-20 marketing years, about 6.2 lakh tonnes, 38 lakh tonnes and 59.60 lakh tonnes of sugar were exported, respectively.
In 2020-21, about 70 lakh tonnes of sugar have been exported.
"About Rs 14,456 crore (have been) released to sugar mills in past 5 years to facilitate export of sugar and Rs 2,000 crore as carrying cost for maintaining buffer stock," the statement said.
Millers have contracted for export of about 90 lakh tonnes of sugar in 2021-22. Out of which, 75 lakh tonnes have been exported till