ICRA sees India’s web sugar output declining to 30 mt in SY2025 on probably greater diversion to ethanol
India’s web sugar manufacturing for the sugar season 2025 beginning October is projected to say no to 30 million tonnes (mt) from 32 mt within the earlier 12 months on expectations of upper diversion can be allowed to ethanol, ICRA mentioned. The rankings agency estimates that revenues of built-in sugar mills to increase by 10 … Read more