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Indian Sugar Industry | Economy Watch

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Indian Sugar Industry

Indian Sugar Industry


By: EconomyWatch D ate: 30 June 2010

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Sugar Industry in India is well developed with a consumer base of more than billions of people. It is also the second largest producer of sugar in the world.
There are around 45 millions of sugar cane growers in India and a larger portion of rural labourers in the country largely rely upon this industry. Sugar Industry is one of the agricultural based industries. In India it is the second largest agricultural industry after . Statistics On Sugar Production As to the statistics there were a total number of 571 sugar factories in India as on March 31,2005 compared to 138 during1950-51. These 571 sugar mills produce a total quantity of 19.2 million tones (MT). Sugar production in India increased from 15.5 MT in 1998-99 to 20.1 MT in 2002-03. Department of Agriculture and Co-operation, sugarcane production in 2004-05 is estimated at 232.3 MT from 237.3 MT in 2003-04. Sugarcane production is expected to reach 257.7 MT in 2005-06. Sugar Production In states The following table shows level of sugar production (In Lakh Tonnes) in Indian States:

www.economywatch.com/business-and-economy/sugar-industry.html

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State Uttar Pradesh Maharashtra Karnataka Tamil Nadu Andhra Pradesh Gujarat Haryana Uttaranchal Punjab Bihar Madhya Pradesh Other

2002-03 58.74 61.64 17.98 17.04 11.88 12.38 5.99 4.59 5.11 4.21 0.85 0.91

2003-04 46.08 31.99 11.57 11.9 8.81 10.77 5.86 3.93 3.88 2.77 0.94 1.09

2004-05 Estimated 50.32 22.29 13 9.84 9.75 8.32 4.03 3.82 3.37 2.77 0.85 1.58

The sugar production in the states largely depend upon monsoon. From 1998-03 good monsoon resulted a larger production of sugar in the country. Sugar Pricing: Government of India fixes Statutory Minimum Price (SMP) for sugarcane according to Clause 3 of the Sugarcane Order. This statutory Minimum Price is designed through the consent of Commission for Agricultural Coast and Prices (CACP) and respective state Governments. For the year 2004-05, the rate was fixed at Rs. 74.50 Per quintal with a basic recovery of 8.5%. Indian Government on Sugar Industry The following policy initiatives are taken to boost the Sugar industry: Government declared the new policy on August 20,1998 with regards to licenses for new factories, which shows that there will be no sugar factory in a radius of 15 km. Setting up of Indian Institute of Sugar Technology at Kanpur is meant for improving efficiency in the industry. In the year 1982, the sugar development fund was set up with a view to avail loans for modernization of the industry.

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Ka i l a s h Te a m

9 months ago Share

great work
0

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Hajam
0

10 months ago Reply Share

Thanks.

Wh a t i s ko l a ve ri
0

a year ago

Such a great post.


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Vks ri va s a ta va
0

2 years ago Share

Need more sugar industrirs in India


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Wa l e e d Mo h a m e d El h e n a w y

2 years ago

I would like to buy 1000 MT annually of Sugar for Dairy business, this is for our plant in Jeddah. Could you pls. share with me your price delivered to Jeddah port CIF? My Name is Waleed Elhenawy Mobile +971558623406 E-mail: WaleedMohamed.Elhenawy@frieslandcampina.com
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Ma s i fm p 0 1

WaleedMohamed Elhenaw y 11 months ago

assalam wa alaikum My self md asif from india, if you are serious with your proposal then contact me on asifattach@gmail.com
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ka p i l

2 years ago

Hi.. could you please provide me with actual sugarcane rates paid by sugar-mills in 2004-05 in Meerut, Utter Pradesh (not the SMP which was Rs. 74.50). Please mail me at kapil0121@yahoo.com
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D e zm e m b ra ri p i a tra n e a m t

2 years ago

i am intrested to buy 500 tonnes of sugar i need a list of prices am mod of payments a list of the products email me on dezmembraripiatraneamt@yahoo.com
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Am o d a ka 9 8 7
0

2 years ago Share

pls update it..!! the data is too old now..


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Eco n o m yWa tch M o d

Amodaka987 2 years ago

Hi Amodaka987,thanks for pointing this out to us. We're currently in the midst of a complete site overhaul and will be replacing content that we previously outsourced to an external vendor with brand new content written by EconomyWatch.com staff. However, as this process involves us going through each and every link on our site, we hope for your understanding if there are any delays to the updates. In the mean time If you would like to stay updated about the latest content and changes made to our site, you may want to follow our twitter profile athttp://www.twitter.com/econo...... or facebook fan site at http://www.facebook.com/econom... All new or updated content will be regularly announced through our social media platforms.Thanks once again for your feedback and for reading EconomyWatch. We strongly believe in user contribution and feedback for our content, so do feel free to give us any more feedback you may have at support@economywatch.comRaymond ThamWriter/Social Media Manager, EconomyWatch.com
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