MUMBAI, Jan 17 (Reuters) - India is likely to produce
34.3 million tonnes of sugar in 2022/23, down 4% from the
previous forecast, as sugar cane yields in key producing states
fell due to adverse weather, a senior industry official told
Reuters.
"Excessive rainfall and cloudy weather in September and
October curtailed sugar cane's vegetative growth. Cane yields
are lower than the last year," Prakash Naiknavare, managing
director of the National Federation of Cooperative Sugar
Factories Ltd, told Reuters.
India, the world's biggest sugar producer and the second
biggest exporter, had produced a record 35.9 million tonnes of
sugar in the previous season ended on Sept. 30, 2022.
(Reporting by Rajendra Jadhav; Editing by Christopher Cushing)
((rajendra.jadhav@thomsonreuters.com; +91-22-68414378 ; Reuters
Messaging: rajendra.jadhav.thomsonreuters.com@reuters.net))