UP to clock record sugar output of 9.7 mn tonnes in upcoming season: Icra

The state is expected to produce 11.5% more sugar

Uttar Pradesh is reportedly heading for a new record of sugar production for the 2017-18 crushing season, which begins next month.

A recent study from rating agency Icra estimated the state's sugar production to stand at 9.7 million tonnes (mt) in the upcoming season this year. Meanwhile, data compiled by the All India Sugar Trade Association pegged the state's sugar output at 8.7 mt during 2016-17. This indicates mills in UP would produce 11.5 per cent more sugar in the coming season or nearly four times the state's own consumption.

"Domestic production for the full season during 2018 is likely to increase by