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Friday / November 22. 2024
HomeCountryIndiaIndia produces record high sugarcane, exports 109 LMT sugar

India produces record high sugarcane, exports 109 LMT sugar

Of the over 5000 LMT sugarcane produced, 35 LMT sugar was diverted to ethanol production

India emerges as the world’s largest producer and consumer of sugar as well as the world’s 2nd largest exporter of sugar. 

A record of more than 5000 Lakh Metric Tons (LMT) sugarcane was produced in the country out of which about 3574 LMT of sugarcane was crushed by sugar mills to produce about 394 LMT of sugar (Sucrose). Out of this, 35 LMT sugar was diverted to ethanol production and 359 LMT sugar was produced by sugar mills. 

A watershed season for Indian Sugar Sector as all records of sugarcane production, sugar production, sugar exports, cane procured, cane dues paid and ethanol production were made during the season.

Another shining highlight of the season is the highest exports of about 109.8 LMT that too with no financial assistance which was being extended upto 2020-21. Supportive international prices and Indian Government Policy led to this feat of Indian Sugar Industry. These exports earned foreign currency of about INR 40,000 crore for the country.

The success story of sugar industry is the outcome of synchronous and collaborative efforts of Central and State Governments, farmers, sugar mills, ethanol distilleries with very supportive overall ecosystem for business in the country.

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