India has made important strides within the final 20 years within the manufacturing and companies sector. However for the nation to clock that elusive 10 per cent GDP progress, the agriculture sector has to additionally come out of the stagnant charge of 2-3 per cent vary. The problem is compounded by the finite acreage of … Read more
The 2023-24 season marked a major triumph for the Indian sugar business. The manufacturing escalated to a formidable 32.135 million tonnes (mt), exceeding each home and worldwide calls for, and leading to a surplus of 8.705 mt. As we sit up for the 2024-25 season, manufacturing would possibly expertise a slight decline to 29.75 mt, … Read more
Sugar consumption throughout the present season (October-September) is about to cross 29 million tonnes (mt), a report excessive and up 4 per cent from about 28 mt within the 2022-23 season. Whereas business insiders attributed the rise to greater demand amid the election marketing campaign and an unprecedented warmth wave throughout the nation, officers see … Read more
Sugar mills in Maharashtra have crushed 944.82 lakh tonnes (lt) of sugarcane to this point, producing 95.29 lt of sugar. Out of the whole 207 mills that began operations this sugar season, 22 mills have accomplished their operations. Throughout the identical interval final yr, 211 sugar mills in Maharashtra crushed 998.17 lt of sugarcane, ensuing … Read more
The Indian authorities has dominated out any risk of stress-free its restriction on sugarcane juice/syrup and B-Heavy molasses (BHM) for making ethanol. Sources identified that that is as a result of worry of sugarcane manufacturing being the same or much less subsequent yr as flagged by some cane-growing States. Briefing media a day after Wednesday’s … Read more
Sugar mills in Maharashtra are bracing for an prolonged crushing season that’s anticipated to stretch till April, resulting in an anticipated sugar manufacturing of roughly 95 lakh tonnes. As of the top of January, the mills within the State have crushed a considerable 676 lakh tonnes of sugarcane, yielding 65 lakh tonnes of sugar. The … Read more
Cooperative sugar business physique Nationwide Federation of Cooperative Sugar Factories (NFCSF) has raised the present season’s sugar manufacturing estimate to 30.5 million tonnes (mt) from 29.15 mt it estimated earlier after the present season’s manufacturing deficit narrowed to lower than 8 per cent as of December 31. Till December 15, the deficit was over 9 … Read more
The federal government might enable round 28 crore litres of ethanol any further to be produced from sugarcane juice (SCJ) as per the indicative revised allocation for SCJ and b-heavy molasses (BHM) launched by the Oil Advertising and marketing corporations (OMCs). As per the indicative allocation checklist, the OMCs have allotted 42.56 crore litres to … Read more