Thursday, November 21, 2024
HomesugarISMA pegs India’s 2024-25 sugar production at 33.3MT calls for 26% MSP...

ISMA pegs India’s 2024-25 sugar production at 33.3MT calls for 26% MSP hike and sugar exports

In its first advance estimate for 2024-25, sugar industry body Indian Sugar and Bioenergy Manufacturers’ Association (ISMA) has pegged India’s sugar production at 33.3 million tonnes, down by 2.24% over previous year. The industry body has demanded that the minimum selling price of sugar, which has not been raised for five years, should be increased to Rs 39.14/kg from Rs 31/kg; up by 26.25%.

Sugar Times Team
Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
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