First Decade‑Long Sugar Import Plan Approved Ahead of Festive Season

The approval marks the first time in ten years that India will rely on foreign sugar imports to meet internal demand. Officials timed the decision to coincide with the start of the festive period, when confectionery consumption reaches its highest levels. The duty‑free quota, valid until the end of October 2026, is expected to ease pressure on the domestic market and provide a buffer against future price volatility.