All India Sugar Trade Association (AISTA) has said that India exported 28.68 lakh tonne of sugar so far in the current marketing year (October to September) on the back of assistance offered by the government to boost shipments. Mills have exported 28,68,533 tonne from October 1, 2019 till April 4, 2020.
India exported sugar to 58 countries, but 65% of the total shipments were to Iran, Somalia, Malaysia, Sri Lanka and Afghanistan. Mills have contracted to export 38 lakh tonne of sugar so far. The government has allowed export of 6 million tonne of sugar under Maximum Admissible Export Quota (MAEQ) during the 2019-20 marketing year to liquidate surplus sugar in the global markets.
In February, industry body Indian Sugar Mills Association (ISMA) had said that India's sugar export may cross 50 lakh tonnes in the marketing year ending September on higher demand. The country had exported 38 lakh tonnes during the 2018-19 marketing year. The Centre has taken many steps in 2019-20 as well to help sugar mills clear cane dues.
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