Sugar Output Falls 2.48% to 22.36 Million Tonnes Till February 15 of This Marketing Year: ISMA

The nation’s sugar manufacturing dipped 2.48 per cent to 22.36 million tonnes until February 15 of the continuing 2023-24 advertising and marketing yr, as per the business physique ISMA’s newest knowledge. Sugar manufacturing stood at 22.93 million tonnes within the year-ago interval. Sugar advertising and marketing yr runs from October to September.

In its second estimate, the Indian Sugar Mills Association (ISMA) has projected sugar output to decline by 10 per cent to 33.05 million tonnes within the present 2023-24 advertising and marketing yr as in opposition to 36.62 million tonnes within the earlier yr. According to ISMA, sugar manufacturing in Maharashtra, Karnataka, Gujarat, and Tamil Nadu remained decrease until February 15 of the continuing advertising and marketing yr.

However, sugar output in Uttar Pradesh — the nation’s second largest producer of the sweetener — was greater at 6.77 million tonnes as in opposition to 6.12 million tonnes within the interval beneath overview. The manufacturing in Maharasthra — the nation’s largest producing state of sugar — was down at 7.94 million tonnes until February of this advertising and marketing yr, in contrast with 8.59 million tonnes within the year-ago interval.

Similarly, manufacturing in Karnataka — the nation’s third largest producer — was down at 4.32 million tonnes from 4.6 million tonnes within the stated interval. Sugar output reached 6,85,000 tonnes in Gujarat and 4,50,000 tonnes in Tamil Nadu to this point this advertising and marketing yr.

Around 505 factories have been working until February 15 of the present advertising and marketing yr as in opposition to 502 within the year-ago interval. About 22 factories have closed their operations in Maharashtra and Karnataka, ISMA stated.

(This story has not been edited by News18 employees and is revealed from a syndicated information company feed – PTI)