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India's sugar exports surged to 21.29 lakh ton so far in the current marketing year ending September, as against about five lakh tons shipped in the entire 2017-18, industry data showed. Out of the 21.29 lakh tons exported between October 1 and April 6, raw sugar accounted for 9.76 lakh tons, the AISTA said in a statement. Another 7.24 lakh tons of sugar is in the export pipeline, it added. “Total sugar export contract so far is around 30 lakh tons, out of which 28.53 lakh tons has been dispatched from mills,” the association told PTI. India had exported around five lakh tons of the sweeteners in the last marketing year amid lower prices in the global markets, which made Indian shipments uncompetitive. Bangladesh, Sri Lanka, Somalia, Afghanistan and Iran are the major export destinations, AISTA added. The Centre has asked mills to export 50 lakh tons of sugar in 2018-19 marketing year (October-September) to liquidate the surplus stock. The government is providing various incentives to boost sugar exports. India’s sugar production is estimated to rise at record 330 lakh tons in 2018-19 marketing year from 325 lakh tons in the previous year. The country has surplus stock as annual domestic demand is around 260 lakh ton and mills are carrying a huge stock from the previous year as well.

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