India’s sugar industry just can’t catch a break, even with lower sugar production.
Most forecasts say that India’s sugar output in the current season will be lower by anything between 18% to 20% mainly due to flood-induced production shortfalls in Maharashtra and Karnataka, but it’s still a lot of sugar. Indian Sugar Mills Association (ISMA), the country’s sugar lobby, estimates the output at 26.5 million tonnes. All India
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