India might export 3.5m tonnes of sugar in 2010/11
INDIA is likely to export up to 3.5m tonnes of sugar in 2010/11 as the rains will lift the country's output to 26m tonnes, giving it a higher surplus to ship overseas, a senior industry official told Reuters.
India's Farm Minister, Sharad Pawar has said the time is ripe for sugar exports that the global prices for sweetener have almost at its peak and the country could benefit from the prevailed scenario.