Tuesday, November 17, 2020

India’s sugar production hits 1.4 million tonnes

Virendra Singh Rawat

Lucknow / Nov 17, 2020


Aided by an early start of the current sugarcane crushing season, India’s sugar production has breached the 1.4 million tonnes (MT) mark, which is almost 0.5 MT higher than the comparative figure last year.


As against 127 sugar factories, which were crushing cane till mid November 2019, 274 sugar mills pan India were operational in the corresponding period this year.


In Uttar Pradesh, the country’s top sugar producer, 76 sugar mills have started crushing operations for the season, and produced 385,000 tonnes of the sweetener. Last year in the same period, 78 mills were in operation and had produced 293,000 tonnes till November 15, 2019.


Unlike last year, owing to good rainfall and sufficient water in reservoirs in Maharashtra and Karnataka, as also better cane availability due to higher acreage and improved yield, the crushing season commenced early during the last week of October’ 2020.


Meanwhile, the policy decisions regarding the export policy along with export subsidy for the current sugar year 2020-21 and creation of buffer stock along with buffer subsidy are still awaited from the central government, according to Indian Sugar Mills Association (ISMA).

No comments:

Post a Comment