Sugar Industry

Sugar industry body ISMA seeks 5% GST on flex fuel vehicles in line with EVs

Flex fuel vehicles (FFVs) use a mix of petrol and ethanol at various degrees. India has achieved E10 (10 percent ethanol in petrol) and is targeting E20 by 2025.

Sugar mills officials' arrest may impact functioning: ISMA

Indian Sugar Mills Association's Abinash Verma fears that the standoff between the UP government and the sugar industry may affect the mills' functioning in the crushing season. Meanwhile, top officials from the industry have also been arrested allegedly without proper reasons.

Sugar cos call for export incentives to support surplus

Sugar companies say that the international market is unviable for export of products and the government should provide incentives to support it.

Operating profit for sugar companies to decline: CARE

CARE Research has come out with its report on sugar industry. According to the research firm, the sugar production cost of south and Maharashtra based sugar mills are expected to be at about Rs.28 per kg and Rs.27 per kg, respectively. Expect average sugar prices to remain range bound in Rs.33-34 per kg in SS2012-13, says CARE.

Outlook for sugar industry negative in SY2012-13: Magnum

Magnum has come out with its report on sugar sector. According to the research firm the sugar year 2012-13 seems to be negative for sugar industry as costs of sugar production in the year will be higher than 2012 due to increase in sugarcane costs by 16%-17% over the last season.

Sugar: Way2Wealth picks Balrampur, Dhampur, Triveni Engg

Way2Wealth has come out with its report on sugar industry. The research firm is having a long term positive view on the sector and prefers Balrampur Chini Mills, Dhampur Sugar Mills and Triveni Engineering & Industries from the sector.

SY13's production maybe hit due to monsoon: Simbhaoli Sugar

GSC Rao, CEO, Simbhaoli Sugar tells CNBC-TV18 that they are sitting on surplus sugar production for now and are exporting the commodity as well.

Domestic sugar industry to remain in surplus in SY12: ICRA

ICRA sees Uttar Pradesh based mills to be impacted by significant increase in cane costs, while outlook remain stable for west & south based mills for SY 2011-12

No rush for sweeter price regime for sugar sector: Panel

Speaking to CNBC-TV18, C Rangarajan, the head of the expert panel on sugar decontrol indicated that the panel may take up to six months to submit its report, but Kaushik Basu told that the committee is definitely on the side of the industry.

Sugar production to come between 24.7-26 MT: Shree Renuka

According to the managing director of Shree Renuka Sugars, Narendra Murkumbi, production for the year is going to come in between the government’s and industry’s estimates.