After grain-based ethanol, the latest worry for India’s sugar industry is the continuous dip in the country’s sugar consumption. With the Central government implementing the Eat Right Campaign to reduce sugar and oil consumption, the industry is concerned that this will have a long-term impact on its economics. Dilip Patil, co-chairperson of the Sugar Bioenergy Forum of the Indian Federation of Green Energy, said the domestic consumption of sugar for the 2024-25 season (October to September) was projected to fall to 275 lakh tonnes.
Read MoreIn Jalgaon district, all three sugar factories have shut down. As a result, farmers who were growing sugarcane have switched to maize.
Read MoreThe government of Guyana has received a proposal from an Indian investor to establish a small sugar factory at Skeldon, one of its sugar estates. This proposal is part of wider efforts to revitalize the sugar sector, including plans to restart cane planting and increasing production.
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