Sugar Production

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.

India's sugar production has increased marginally by nearly two per cent to reach 7.87 lakh tonnes compared to last year.

Sugar prices are expected to remain firm in the near term due to tight stock position following 9 per cent decline in production and steady growth in consumption, rating agency ICRA said today.

No-fat, no-sugar or reduced-salt on food packaging may give consumers a sense of confidence before they purchase, but these claims rarely reflect the actual nutritional quality of the food.

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