India’s sugar mills are forecasting a bright future for exports this season, with industry estimates suggesting that up to 2 million tons of sugar could be shipped abroad. This promising outlook comes on the heels of a surplus production year, creating an opportunity for Indian mills to tap into global markets.

According to experts, favorable global sugar prices and a weaker rupee are expected to bolster India’s export competitiveness. Additionally, measures taken by the Indian government to subsidize exports are likely to provide a further push.

If these projections hold true, the sugar export boom could bring significant benefits to the Indian economy. It would generate much-needed foreign exchange, boost mill revenues, and potentially create new jobs in the sugar sector.