Many Maharashtra mills are struggling to get enough sugarcane, operating at half their capacity, and will likely close for the season by the end of this month
Lower sugar output from India, the world's biggest producer of the sweetener, will leave hardly any surplus for additional exports during the current 2022/23 season
The senior NCP leader said he had no idea why Guru Commodity Services -- which owns the sugar factory -- was facing probe.
The Centre has floated tenders seeking supply of 350 crore litres of ethanol to be blended with vehicle fuel.
Seven-member panel formed to study proposal, offer recommendations on action plan, selected sugar complexes, mode of travel and coordination with tourism department
Exports from the world's biggest sugar producer could put pressure on global prices but will help India reduce its inventories that have driven down domestic prices
Average realisation from sugar up 42%
Centre's soft loan and SARFAESI loan amounting to around Rs 10,000 cr disbursed over the last few years has also helped in easing the dues