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India second largest exporter of sugar: Centre
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IANS | 25 May, 2022
The government on Wednesday claimed that India has become the largest
producer of sugar in the world in the year 2022-23, more than Brazil,
while it would be the second largest exporter of sugar.
Sugar
production in 2018-19 was 332 lakh metric tonnes (LMT) after
discounting diversion of 3 LMT for ethanol; in 2019-20, it was 274 LMT
(after discounting diversion of 9 LMT for ethanol); in 2020-21, the
production increased to 310 LMT (after discounting diversion of 22 LMT
for ethanol) and for 2021-22, it is 335 LMT (after discounting diversion
of 35 LMT for ethanol).
The production of sugar has increased
and so has sugar exports. In sugar seasons 2017-18, 2018-19 &
2019-20, only about 6.2 LMT, 38 LMT & 59.60 LMT of sugar was
exported. "In sugar season 2020-21 against target of 60 LMT, about 70
LMT have been exported. In the current sugar season 2021-22, against the
projected 100 LMT exports, contracts for export of about 90 LMT have
been signed, about 82 LMT sugar has been dispatched from sugar mills for
export and approximately 78 LMT have been exported. Export of sugar in
current sugar season 2021-22 is the historically highest," Subodh Singh,
Joint Secretary, Food, told media persons.
About 80 per cent of
sugar is produced in Maharashtra, Uttar Pradesh and Karnataka and
because the two states south of Narmada are nearer to the ports, export
takes place more from these states.
Earlier, late last night, the
government has restricted sugar export up to 100 LMT from June 1 till
October 31, 2022 with a view to maintain the domestic availability and
price stability during the sugar season 2021-22 (October-September).
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
₹95.3
|
₹93.6 |
UK Pound
|
₹127.7
|
₹123.7 |
Euro
|
₹110.65
|
₹106.9 |
| Japanese
Yen |
₹59.75 |
₹57.9 |
| As on 24 Jun, 2026 |
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