The downward revision has been made due to a fall in sugar output in Maharashtra to 105 lakh tonnes in 2022-23
Indian Sugar Mill Association (ISMA) has revised downwards the country’s sugar production estimate to 328 lakh tonnes for the current marketing year ending September, from an earlier projection of 340 lakh tonnes.
The downward revision has been made due to a fall in sugar output in Maharashtra to 105 lakh tonnes in the 2022-23 marketing year (October-September), from an earlier projection of 121 lakh tonnes.
In January, ISMA had projected an output of 340 lakh tonnes, after a diversion of 45 lakh tonnes towards ethanol.
Sugar production in 2021-22 stood at 358 lakh tonnes post diversion towards ethanol.
In Uttar Pradesh, the sugar production for 2022-23 has been revised upward to 105 lakh tonnes from 101 lakh tonnes projected earlier.
In Karnataka also, the output is likely to increase to 57 lakh tonnes in 2022-23 from 56 lakh tonnes estimated earlier.
ISMA had earlier this month, said that sugar production fell 6 per cent to 311 lakh tonnes till April 15 of the 2022-23 marketing year ending September, mainly due to lower output in Maharashtra.
