Categories
Business Strategy

COVID-19: Sugar industry in Maharashtra may be in for some bitter times

 

COVID-19 is impacting sugar market stakeholders in numerous means. The unfold of the virus has lowered sugar consumption from sugar mills, which will, heading foward, end result in fiscal challenges for these companies. At the exact time, quite a few farmers are apprehensive at the cane standing in their fields, as 56 out of 146 sugar mills have stopped crushing action.

As for every the knowledge accessible with Maharashtra Sugar Commissioner, mills in the Condition have crushed 501 lakh tonnes of sugarcane to develop 558.49 lakh quintals of sugar. In accordance to the Indian Sugar Mills Association (ISMA) the each

Read More