Bloomberg News

India Sugar Use to Exceed Supply By 4.9 Million Tons By 2020

November 29, 2011

(Updates with comment in third paragraph.)

Nov. 29 (Bloomberg) -- India’s sugar consumption may outpace output by 4.9 million metric tons by 2020, according to Narendra Murkumbi, president of the Indian Sugar Mills Association and director at Shree Renuka Sugars Ltd.

Sugar usage in the world’s biggest consumer may be 31.3 million tons compared with output of 26.4 million tons, he said at a conference in London today.

Sugar consumption in India is growing at a faster rate than production, he said. Land availability is limiting expansion of sugar cane planting in the country, he said.

India is the world’s second-largest producer of the sweetener, according to the U.S. Department of Agriculture.

--Editors: Claudia Carpenter,

To contact the reporter on this story: Isis Almeida in London at ialmeida3@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter in London at Ccarpenter2@bloomberg.net


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