India, world’s biggest exporter of rice & onions and 2nd biggest sugar exporter, imposed curbs on exports of these commodities in 2023 to keep local prices in check.
India allowed mills to export only 6.1 million tonnes of sugar during the current season to 30 September, after letting them sell a record 11.1 million tonnes last season.
Perhaps the present crisis and trauma can force our country into something resembling that special moment we found in the sixties. Perhaps we can radically alter our business environment.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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