The Indian sugar industry, a crucial segment of the nation’s agricultural economy, is currently grappling with multiple challenges and opportunities. Despite a projected surplus of 3.6 million tonne of sugar, the sector faces restrictions on exports, stagnant minimum selling prices, and evolving demands for biofuels. According to Claudiu Covrig, Founder of Covrig Analytics, the right moment for India to export…
India’s gross sugar output may fall 2% to 33.3 mn tonnes in 2024-25: Isma
India’s gross sugar production is estimated to decline 2 per cent to 33.3 mn tonnes in 2024-25 marketing year starting October, according to industry body Isma. Indian Sugar Mills & Bio-Energy Manufacturers Association (Isma) on Tuesday released the preliminary estimates of sugar production for 2024-25 marketing year (October-September). The estimate was released after comprehensive analysis of satellite imagery, field reports…