SME Times is powered by   
Search News
Just in:   • Pranab to take austerity measures for economic growth  • Sensex tanks 298 pts, metal, auto stocks fall  • Rupee hits record low of 54.42 against dollar  • Pilots grievances will be heard: Ajit Singh  • Second Ghana SME Expo launched  
Last updated: 03 Jan, 2012  

Sugar.9.Thmb.jpg Sugar output rises 17 pc in Oct-Dec 2011

sugar012010.jpg
SME Times News Bureau | 03 Jan, 2012
Sugar output rose 17 percent to 75.78 lakh tonnes in the October-December period last year following a sharp jump in production in Uttar Pradesh and Maharashtra, industry data showed Tuesday.

"Almost 50 percent of the increase is on account of higher production in Uttar Pradesh till Dec 31, 2011, which is mainly because of the fact that the sugar mills in the state had to start their crushing much earlier than usual, as directed by the state government," Indian Sugar Mills Association (ISMA) said in a statement.

The sugar season starts from Oct 1. In the first quarter, the total output was 75.78 lakh tonnes as compared to 64.58 lakh tonnes in the corresponding period of 2010, registering an increase of around 11 lakh tonnes or 17 percent.

Of the total rise of 11 lakh tonnes, almost five lakh tonnes were produced in Uttar Pradesh while Maharashtra and Karnataka recorded output of three lakh tonnes and two lakh tonnes, respectively.

In Uttar Pradesh, 261 lakh tonnes of sugarcane were crushed till Dec 31, 2011 in the current season as compared to 197 lakh tonnes during the corresponding period of last year.

ISMA estimates that sugar output in India is likely to rise to 260 lakh tonnes in the current season ending Sep 30, 2012 as compared to 243 lakh tonnes in the previous year.

Industry groupings Indian Sugar Mills Association and the National Federation of Cooperative Sugar Factories will carry out second satellite mapping on sugarcane harvesting in February to update its estimate on production.
 
Print the Page Add to Favorite
 

Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

   Top Stories
» Pranab to take austerity measures for economic growth
» Rupee hits record low of 54.42 against dollar
» Vast scope for India-Africa SME cooperation: Scindia
» SMEs to meet today on 12th Plan manufacturing roadmap
» India ranked 46th in trade logistics performance
 
  Commented Stories
» Credit rating can help SMEs in more ways than one(20)
» SME Conclave – awareness on SME stock exchange(15)
» Exporters need push, not pull(8)
» As China dumps in India's solar market, domestic industry shrivels(3)
» Industrial city Kanpur at its deathbed(3)
  Customs Exchange Rates
Currency Import Export
US Dollar
53.10
52.25
UK Pound
86.00
84.15
Euro
70.35
68.70
Japanese Yen 65.50 63.85
As on 16 May, 2012
  Daily Poll
Do you think RBI's deregulation of export credit interest rate in foreign currency will affect exporters?
 Yes
 No
 Can't say
 
 
 
 
About Us  |  Contact Us  |  Feedback |  Success Stories |  Tradeindia in News  |  Get Listed | 
Sitemap  |  Terms of Use |  Useful Links |  Trade Bodies