Explained: How sugar sector shrugged off its bitter cyclical nature

Data shows that in the 10-year period from 2010-11 to 2020-21, India's annual sugar production exceeded domestic consumption in all the years, except 2016-17

Topics
sugar industry | sugar mills | sugar production

Sanjeeb Mukerjee  |  New Delhi 

With successive years of production outstripping domestic consumption, the cyclical nature of India’s sugar sector appears to be on the wane. And unless something as drastic as a nationwide drought happens, experts believe sugar production will undergo a structural shift.

Data shows that in the 10-year period from 2010-11 to 2020-21, India’s annual sugar production exceeded domestic consumption in all the years, except 2016-17. Though Maharashtra suffered a big drought in the 2019-20 sugar season (October to September), other states made up for the shortfall. Also, even ...

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First Published: Fri, June 25 2021. 06:10 IST
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