India seeks applications for remaining raw sugar import quota

MUMBAI: India ​has invited applications ​from eligible sugar ​millers and refiners to allocate the remaining 202,550 metric tons ‌of ⁠raw sugar ⁠under a duty-free import ​quota of 1 million tons ​approved by New Delhi last month, a government circular ​said on ⁠Tuesday.

India sought ‌applications last ​month ​for duty-free imports of ⁠1 million tons of raw ​sugar until October ​31, ahead of the country's festival season, when sugar consumption typically peaks on strong demand ‌for traditional sweets.

Applications totalling 797,450 tons had already been received ⁠and allocated under an earlier notice, leaving 202,550 tons available under the quota, the Directorate General of Foreign Trade said.