date:Jun 06, 2013
had been estimating earlier, D. B. Gavit, a director at the Maharashtra Sugar Commissioner's office, said.
After a drought in 2009, sugar production fell sharply, forcing India to make big purchases from overseas markets and pushing the price of raw sugar futures to 30-year highs.
The cane crop in the country's biggest producer, the western state of Maharashtra, and the third and fourth-biggest producers Karnataka and Tamil Nadu in the south, was badly hurt due to poor rainfall in 2012 and in