India's sugar production slips, mill closures accelerate
Indian mills produced 31.09 million tonnes of sugar between Oct. 1 and April 15, down 0.5% from the previous year due to lower output in the key producing southern state of Karnataka, a leading industry body said on Tuesday.
It is reported by Reuters.
Sugar mills are closing their operations at a higher pace than last year and so far, 448 mills have closed compared to 401 a year ago, the Indian Sugar & Bio-Energy M...