EconomyIndia’s sugar squeeze threatens its biggest season for sweets
India’s sugar prices have risen nearly 40% in two months, prompting the government to approve 1 million tonnes of imports for the first time in almost a decade. Demand is rising ahead of festivals and the wedding season, while lower production, reduced rainfall, hoarding and tighter global supplies are adding to the squeeze.
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BBC News★★★☆☆2026-08-26 06:30Original
India’s sugar squeeze threatens its biggest season for sweets
Economy