Thursday, August 11th, 2022 01:39:42

Sugar export jumps 65 per cent in last FY corresponding to previous year, says Piyush Goyal

Updated: April 19, 2022 10:38 am

India’s sugar export has witnessed an astounding growth of 291 per cent from one thousand 177 million US dollars in financial year 2013-14 to four thousand 600 million US dollars in the last financial year. It has exceeded 10 million tonnes for the first time.

Ministry of Commerce and Industry said, sugar export jumped 65 percent in the last financial year corresponding to the previous year, despite logistical challenges posed by COVID-19 pandemic. Highlighting this historic achievement in a tweet, Commerce and Industry Minister Piyush Goyal said, the government’s policies are helping farmers increase their income by tapping global markets.

The Ministry further said, country had exported sugar worth one thousand 965 million US dollars in 2019-20, which rose to two thousand 790 million US dollars in 2020-21 and four thousand 600 million US dollars in 2021-22.

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