India bans sugar exports till Sept 30

NEW DELHI: (May 14) India has banned the export of sugar till September 30 this year with immediate effect, a move which would help enhance domestic availability and contain prices.

Earlier the exports were under a restricted category, under which a license was required for the outbound shipments.

“The export policy of Sugar (Raw Sugar, White Sugar and Refined Sugar)… is amended from ‘Restricted’ to ‘Prohibited’ with immediate effect till September 30, 2026, or until further orders, whichever is earlier,” the Directorate General of Foreign Trade (DGFT) said in a notification dated May 13.