India is likely to become a net importer of sugar in 2016/17 as back-to-back drought years dry irrigation channels and ravage cane fields.
According to a Reuters report on Sunday, the Indian government aims to support struggling sugar mills and stabilize domestic sugar prices, which have been under pressure in recent months.
A drought this year could, however, trim yields of recently sown sugar cane, affecting sugar output to some extent in the season after next.
Anand Mahindra took to X and wrote, "India is the world's second-largest sugarcane producer. Yet the woman who made it possible slipped into the footnotes of our history."
