India's gross sugar production is estimated to decline 2 per cent to 333 lakh tonnes in 2024-25 marketing year starting October, according to industry body ISMA.
Indian Sugar Mills & Bio-Energy Manufacturers Association (ISMA) on Tuesday released the preliminary estimates of sugar production for 2024-25 marketing year (October-September).
The estimate was released after comprehensive analysis of satellite imagery, field reports on expected yields, sugar recovery rates, drawal percentage, the impact of rainfall from previous and current years, water availability in reservoirs, and anticipated rainfall during the Southwest Monsoon 2024.
In its forecast, the association has pegged the country's gross sugar production (without diversion for ethanol) at 333.10 lakh tonnes for 2024-25, from an estimated 339.95 lakh tonnes in the current 2023-24 marketing year.
Net sugar production is estimated at 319.65 lakh tonnes for the current marketing year, taking into account 20.30 lakh tonnes ...
