The Indian sugar producer plans strategic investments in sugar and ethanol assets while establishing its first overseas subsidiary in the United Kingdom.
India’s sugar exports are projected to remain constrained for years as El Niño weakens monsoons and ethanol demand rises, tightening global supply and supporting international sugar prices.
Farmers welcome higher sugar import levy, saying it will protect local producers and revive the industry amid ongoing reforms, despite concerns over potential consumer price increases.
Sugar output declines sharply while domestic consumption reaches record highs, tightening India’s supply-demand balance and reshaping export flows toward Africa and Gulf markets, according to sector analysis.
Uganda’s sugar industry stakeholders warn that a proposed excise duty increase could reduce cane prices, strain farmers, and weaken production in key growing regions.