Despite the concerns over the emerging El Nino effect, India will be able to produce sufficient sugar that would cater to the domestic demand as well as the essential commodity will be available for export in next season, said a senior government official, reports The Economic Times.
The El-Nino phenomenon has often blamed for causing deficient rainfall in India.
While speaking to The Economic Times, Subodh Kumar Singh, Joint secretary at the Department of Food and Consumers said, “IMD has predicted a normal monsoon hence sugar output will be normal next season. Even if production is impacted, it will not be that huge that there will be a shortage of sugar.”
He was speaking on the sidelines of a biofuel and bioenergy seminar organized by West Indian Sugar Mills Association and a few other industry associations.
Sugar export from India affects global markets as the country is the second largest sugar producer after Brazil.
