Wednesday, March 28, 2007

Sugar output may cross 260 lakh tonnes

Sugar output in India, the world’s second-largest producer, may cross 260 lakh tonnes in 2006-07 with the industry hoping for better prospects as sugarcane crushing gains momentum. “The output is estimated to cross 260 lakh tonnes in 2006-07 season against 193 lakh tonnes last year as all the sugar producing states are producing more than last year,” industry sources said. Indian Sugar Mills Association and National Federation of Co-operative Sugar Factories had earlier informed the government that production may cross 250 lakh tonne, union agriculture minister Sharad Pawar had said only last week. But with sugarcane crushing gaining momentum in key states, officials feel the output could be higher.

Courtesy: EconomicTimes
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