India set to import 1 million tonnes of sugar for first time in 10 years

India is preparing to import approximately one million tonnes of sugar, marking the first such import in nearly a decade. The move comes as the country faces a significant shortfall in domestic sugar production. Opening stocks of the sweetener are projected to decline by as much as 20% due to the supply crunch. The government is considering the imports to stabilize domestic availability and keep prices in check.