MUMBAI: India has invited applications from eligible sugar millers and refiners to allocate the remaining 202,550 metric tons of raw sugar under a duty-free import quota of 1 million tons approved by New Delhi last month, a government circular said on Tuesday.India sought applications last month for duty-free imports of 1 million tons of raw sugar until October 31, ahead of the country's festival season, when sugar consumption typically peaks on strong demand for traditional sweets.Applications totalling 797,450 tons had already been received and allocated under an earlier notice, leaving 202,550 tons available under the quota, the Directorate General of Foreign Trade said.
India seeks applications for remaining raw sugar import quota
India has opened up applications for its remaining raw sugar import quota, allowing eligible millers and refiners to apply for this lucrative duty-free allocation. This follows the initial notice for a million tons, of which over seven hundred thousand have been accounted for. Interested parties have until October thirty-first to seize this opportunity.
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