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Tag: india sugar production

  • India extends curbs on sugar exports until October 2023

    India, the world’s largest sugar producer, has prolonged restrictions for sugar export by one yr by means of October 2023, the federal government stated in a notification late on Friday.

    In May, the south Asian nation restricted exports by means of the tip of this month to comprise an increase in home costs following information exports.

    India is anticipated to provide report sugar crop this yr, which may permit New Delhi to permit exports of as much as 8 million tonnes, the federal government and trade official stated this month.

  • 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.

  • Sugar output up 25.37% at 17.68 million tons throughout Oct-Jan: Industry physique ISMA

    Sugar mills have manufactured 25.37 per cent extra sugar at 17.68 million tonnes within the first 4 months of the present advertising season ending September this 12 months, trade physique ISMA mentioned on Tuesday.
    The sugar manufacturing throughout the nation was 14.10 million tonnes within the year-ago interval, it mentioned in a press release.
    Sugar gross sales are reported to be kind of much like final 12 months at round 6.75 million tonnes throughout October-December of the continuing advertising season.
    For the 2020-21 advertising season, Indian Sugar Mills Association (ISMA) has pegged the nation’s whole sugar output to be 30.2 million tonnes, greater than the precise manufacturing of 27.42 million tonnes achieved within the 2019-20 advertising season.
    According to ISMA, about 491 sugar mills had been in operation until January of this advertising season, as in opposition to 447 sugar mills within the year-ago interval.
    Production in Uttar Pradesh — the nation’s main sugar producer — remained barely decrease at 5.44 million tonnes until January of this season, as in opposition to 5.49 million tonnes a 12 months in the past.
    However, manufacturing in Maharashtra — the nation’s second-largest sugar producer — elevated considerably to six.38 million tonnes from 3.46 million tonnes within the mentioned interval.
    Whereas manufacturing in Karnataka — the nation’s third-largest sugar producer — additionally elevated to three.43 million tonnes until January from 2.79 million tonnes.
    Sugar manufacturing stood at 5,55,000 tonnes in Gujarat, whereas the collective output in Tamil Nadu, Andhra Pradesh and Telangana was 3,56,000 tonnes within the mentioned interval.
    The remaining states — Bihar, Uttarakhand, Punjab, Haryana, Madhya Pradesh, Chhattisgarh, Rajasthan, and Odisha — have collectively produced 1.51 million tonnes until January this season, the assertion mentioned.
    Welcoming the price range proposals, the trade physique mentioned the rise in import obligation on denatured ethyl alcohol from 2.5 per cent to five per cent will make inward shipments costlier by round Rs 1 per litre on the present world charges.
    This in flip will improve the demand for home molasses and alcohol produced by the Indian sugar trade and grain-based distilleries, giving higher returns. This will guarantee higher funds to the Indian sugarcane and grain farmers, it mentioned.
    “Overall, the Indian sugar industry welcomes the various steps taken by the government to financially help the industry and the sugarcane farmers,” ISMA mentioned.
    The trade physique additionally requested the federal government to increase all advantages and incentives proposed to be given to the sectors — which contribute in the direction of enhancing air high quality and rising renewable power manufacturing within the nation — to the Indian sugar trade/ distilleries that produce and provide ethanol for mixing with petrol.