Sugar Exports Rose 291% Between 2013-14 And 2021-22: Government
Government has said that the country's sugar exports grew 291 per cent to $4,600 million in 2021-22 from $1,177 million in 2013-14 and is being exported to 121 countries.
Meanwhile sugar exports rose 65 per cent in 2021-22 over the corresponding year and the growth has been achieved despite challenges posed by Coronavirus pandemic like high freight rates and container shortages.
India had exported sugar worth of $1,965 million in 2019-20, which rose to $2,790 million in 2020-21 and $4,600 million in 2021-22.
Commerce Minister Piyush Goyal also tweeted about growth in export of sugar.
भारत की चीनी, घोल रही है विश्व में मिठास!
April 16, 2022
India's Sugar Exports witness an astounding growth of 291%.
Modi Government's policies are helping farmers increase their income by tapping global markets. pic.twitter.com/UP6eeLmwRlUttar Pradesh, Maharashtra and Karnataka comprise of around 80 per cent of the country's total sugar production.
India is the world's second largest sugar producer after Brazil in the world.
In 2021-22 between April-February, sugar worth $769 million was exported to Indonesia by India, followed by Bangladesh (worth $561 million) and UAE ($270 million).
During this period, India also exported sugar to countries like the United States of America, Singapore Oman, Turkey, Iran, and Malaysia among many other countries, official sources said.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
