An official of the National Federation of Co-operative Sugar Factories Ltd said on Thursday that lack of rains could lead to a drop in sugar production in Maharashtra and Karnataka.

Jai Prakash Dandegaonkar, president of the National Federation of Co-operative Sugar Factories Ltd, told PTI that a ban on exports could also be imposed to meet domestic demand.

“Expected sugar production for the year was 330 lakh tonnes, but it may decline, while the carry over stock in the country is 65 lakh tonnes. The demand across the country is 275 lakh tonnes and 50 lakh tonnes will be diverted for ethanol production. ” ” He said.

“Hence to meet the domestic demand of 275 lakh tonnes, sugar exports may be banned this year. India does not export sugar regularly. In the last two years, due to the global sugar shortage, India exported 60 lakh tonnes of sugar. tons have been exported. he explained.

Dandegaonkar, however, said the ethanol production target would be met despite the decline in sugar production.

(Only the headline and image of this report may have been reworked by Business Standard staff; the rest of the content was auto-generated from a syndicated feed.)

first published: 24 August 2023 | 11:19 PM First

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