SUGAR/ETHANOL NEWS #AgriNews

India’s sugar output for the current season has reached 41.35 lakh tonnes, reflecting steady growth in production. The National Federation of Cooperative Sugar Factories (NFCSF) has urged the government to allow an additional 10 lakh metric tonnes (LMT) of sugar exports to help stabilize the domestic market and boost the industry’s revenue.

The sharp rise has been attributed to improved cane yield, favorable weather conditions, and increased crushing activity across major sugar-producing states.

The shift in leadership highlights a changing dynamic in India’s sugar sector, with Uttar Pradesh playing an increasingly important role in ensuring domestic supply stability.

Maharashtra’s sugar industry has recorded strong performance this crushing season, with total sugar production reaching 562.97 lakh quintals, reinforcing the state’s position as one of India’s leading sugar producers.

Industry observers say the MSP hike is critical as costs of production have risen sharply in recent years, and MSP has not been revised since 2019, despite growing calls from sugar cooperatives and federations for a review.

According to ISMA, supporting biofuel production and related technologies would not only help cut emissions and reduce crude oil imports but also provide alternative demand channels for excess sugar output, aiding rural incomes and stabilizing the broader sugar sector.