Sugar shortage bites: Retailers cap purchases, prices surge 29% ahead of Raksha Bandhan
- Posted on August 27, 2026
- By Business News Today
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- 1 min read
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Sugar shortage bites: Retailers cap purchases, prices surge 29% ahead of Raksha Bandhan
Major retailers are limiting sugar purchases to three kilograms per customer. Quick commerce platforms also restrict sugar sales to a few packs. This comes as sugar supplies tighten before the Raksha Bandhan festival. Government-approved raw sugar imports aim to ease the tight stock situation. Prices have risen significantly and are expected to continue increasing.