India might achieve 34.5 MMT of sugar production in 2024-25 season: USDA Forecast
Sugar/Jaggery (Gur)
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According to latest USDA report, India’s sugar production for 2024-25 season is estimated to reach 34.5 million tonnes (MMT) against 34 MMT in 2023-24. India’s sugar exports in 2024-2025 are estimated to be 3.7 MMT as the Indian government is likely to maintain the export ban to meet the sugar to ethanol diversion for the Ethanol Blending Program. It is anticipated that fewer ratoon crops will be available for the coming year due to the red-rot infestations in central Uttar Pradesh and water shortages in Karnataka that compelled farmers to uproot the canes.