India Faces Sugar Shortage Ahead of Peak Festive Sweet Season

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India is experiencing a significant sugar squeeze as domestic prices have surged by nearly 40%. The sharp price rise has compelled the country to import approximately one million tonnes of sugar to meet demand. This shortage comes at a particularly challenging time, coinciding with India's biggest season for sweets and confectionery. The supply crunch is putting pressure on both producers and consumers during what is traditionally a high-demand period.

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