Pune: According to the news report published by The Indian Express, reacting on recent sugar export curb, India Sugar Mills Association president Aditya Jhunjhunwala said that India should have a steady policy which will allow our international presence to be permanent.
Speaking on the government’s recent decision of capping sugar exports up to 100 lakh tonnes, he said that such decision was unwelcome as mills had already uploaded the contracts they had to ship out. Other than logistics, this would also invite action on mills for breach of contract and lead to blacklisting of sugar mills.
This was one of the best seasons the sugar industry has seen in terms of sugar production and now we are worried about the uncertainty in terms of policies, he said.
