Despite moderating retail inflation and improving the production outlook, the unexpected spread of a fungus disease will make New Delhi have second thoughts on softening regulations.
Post the conclusion of India’s general election earlier this month, the improving production outlook and moderating retail inflation was supposed to better the country's sugar sector's prospects. The industry was hoping that, sooner or later, the Indian government would ease feedstock restrictions, potentially paving the way for sugar exports in limited quantity. This optimistic outlook
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