# The great Indian sugar trap: how a decade of surplus left India with nothing to spare

Page: https://stenobird.com/podcast/daybreak-5886514/the-great-indian-sugar-trap-how-a-decade-of-surplus-left-india-with-nothing-to-spare
Text version: https://stenobird.com/podcast/daybreak-5886514/the-great-indian-sugar-trap-how-a-decade-of-surplus-left-india-with-nothing-to-spare.md
Podcast: [Daybreak](https://stenobird.com/podcast/daybreak-5886514)
Published: 2026-08-27T20:30:00+00:00
Episode link: https://share.transistor.fm/s/83997e95
Audio file: https://media.transistor.fm/83997e95/8e3cd961.mp3
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Duration seconds: 701

## Resource

India is importing sugar for the first time in nearly a decade — a million tonnes, duty-free — to cool prices before the festive season. Four years ago, it exported a record 11 million tonnes. Retail prices are up around 40% from last year. In Odisha, a kilo crossed ₹67. The government has capped stocks, halted exports and ordered mills to declare their sales. Production came in about 11% below forecast, at 30.6 million tonnes. The world's second-largest sugar producer just became an importer. How? Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

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