India is likely to produce 32.8 million tonnes of sugar in the 2022-2023 marketing year, down 3.5% from the previous forecast, as sugar cane yields in major producing states fell due to erratic weather conditions, ISMA said. The trade body in January was expecting India to produce 34 million tonnes in the current season ending on Sept. 30, after harvesting a record 35.8 million tonnes in the previous season.
