India’s Oct-Jan sugar output jumps 5.64%

The nation’s sugar manufacturing is estimated to have elevated by 5.64 per cent to 18.70 million tonnes in the course of the October-January interval of the continued advertising 12 months 2021-22 from over the year-ago interval, business physique ISMA stated on Thursday.
Sugar mills had manufactured 17.70 million tonnes of sugar within the corresponding interval of the earlier 2020-21 advertising 12 months (October-September), it stated.
According to the Indian Sugar Mills Association (ISMA), sugar manufacturing in Uttar Pradesh (the nation’s prime sugar producing state) remained decrease at 5.03 million tonnes in the course of the October-January interval of this advertising 12 months, in contrast with 5.44 million tonnes within the year-ago interval.
However, sugar manufacturing in Maharashtra, the nation’s second-largest producing state, rose to 7.29 million tonnes from 6.38 million tonnes. That of Karnataka, the nation’s third-largest producing state, rose to three.87 million tonnes from 3.45 million tonnes within the stated interval.

Sugar manufacturing reached 5,75,000 tonnes in Gujarat and a pair of,88,000 tonnes in Tamil Nadu until January of the continued advertising 12 months. The remaining states collectively produced 1.64 million tonnes within the stated interval, ISMA stated in an announcement.
The business physique hailed a rise within the revised budgetary allocation for the present fiscal to Rs 6,844 crore from Rs 4,337 crore in earlier Budget Estimates for the sugar business, saying that that is constructive in direction of clearing cane fee.
ISMA additionally stated the rise in Budget allocation for the subsequent fiscal at Rs 300 crore (for extending monetary help to sugar mills for enhancement and augmentation of ethanol capability) will increase provides for ethanol mixing and cut back the nation’s oil import payments.