The sugar industry
Maheshwari Group Blog
by maheshwari@
1y ago
Sugar industry is an important agro-based industry that impacts rural livelihood of about 50 million sugarcane farmers and around 5 lakh workers directly employed in sugar mills. Employment is also generated in various ancillary activities relating to transport, trade servicing of machinery and supply of agriculture inputs. India is the second largest producer of sugar in the world after Brazil and is also the largest consumer. Today the Indian sugar industry’s annual output is worth approximately Rs.80,000 crores. There are 732 installed sugar factories in the country as on 31.07.2017, with ..read more
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The sugar stock market update
Maheshwari Group Blog
by maheshwari@
1y ago
Sugar industry is a big business in India. Around 525 mills produced more than 30 million tonnes of sugar in the last crushing season, which lasted from October to April. This makes it the world’s largest producer, unseating Brazil. Some 50 million farmers and millions of more workers are involved in sugarcane farming. India is the world’s largest consumer of sugar. According to data from the Indian Sugar Mills Association, the country’s sugar mills produce 268.21 lakh (26,821,000) tonnes of sugar between October 1, 2019 and May 31, 2020. Sugar stocks were trading higher on 4th february Sug ..read more
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Sugar and SugarCane Policy
Maheshwari Group Blog
by maheshwari@
1y ago
Sugar industry is an important agro-based industry that impacts rural livelihood of about 50 million sugarcane farmers and around 5 lakh workers directly employed in sugar mills. Employment is also generated in various ancillary activities relating to transport, trade servicing of machinery and supply of agriculture inputs. India is the second largest producer of sugar in the world after Brazil and is also the largest consumer. Today the Indian sugar industry’s annual output is worth approximately Rs.80,000 crores. There are 732 installed sugar factories in the country as on 31.07.2017, wit ..read more
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