mandi bhav of india

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Maharashtra sugar factories asked to cut down output

Aurangabad: A top sugar federation in Maharashtra is encouraging factories to cut down on production of the sweetener in view of its surplus stock and instead focus on ethanol production. This will also help sugar factories in overcoming their losses, Maharashtra State Co-operative Sugar Factories Federation Chairman Jayprakash Dandegaonkar told .

The country produces about 310 lakh tonnes of sugar every year against the requirement of nearly 250 lakh metric tonnes.

Even after a buffer stock for three to four months, there is enough sugar in the country, he said.

There is surplus sugar production even after export. So, even after cutting down on the production of sugar, there will be no shortage and rates will also not differ, he said.

“Maharashtra produces 90 to 100 lakh tonnes of sugar every year. We are moving ahead to cut the production by 10 lakh tonnes every year, and take up ethanol production and provide it to petroleum companies .PTI