With an improved production outlook, New Delhi should consider relaxing restrictions on feedstock use, followed by those on exports.
Helped by an increased output in the western state of Maharashtra, India’s sugar production prospects have brightened. Speculations are rife in the market that, post the general election, the Indian government may relax feedstock restrictions for ethanol and allow sugar exports. As of March 15, actual sugar production stood at 28.079 million tonnes, according to
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