A B Sugars Ltd belonging to Wave Group, post acquiring sugar mills in Dhanaura, Uttar Pradesh and Dasuya, Punjab in 1997-98, forayed into the sugar business. With 6 sugar mills
Indian Sugar production is 237 lakh tonne in the financial year 2015-16, according to ISMA. There is a shortfall of about 11 lakh tonne less than last year. As compared to 366 sugar mills which were working on March 31 last year, 215 sugar mills continue to crush sugarcane in the current season on March 31, 2016. In the last season, 35 lakh tonne of sugar was produced further after April 1, 2015. With lower number of sugar mills operating in the current season, sugar production in the balance period in the current season would obviously be lower. Maharashtra produced 82 lakh tonnes, UP produced 65.7 lakh tonnes, Karnataka produced 40.16 lakh tonnes and the fourth largest producer Tamil Nadu produced 8 lakh tonnes. The current year?s sugar production is almost equal to the domestic consump
According to ISMA, 470 sugar mills in operation had produced 79.85 lakh tonnes of sugar till December 31, 2015, 6.5 per cent higher than last season?s production. In 2014-15 sugar season, 490 sugar mills had produced 74.95 lakh tonnes till December 31, 2014.
So far, the mills have contracted for export of around 8 lakh tonnes of sugar and have physically despatched around 3 lakh tonnes.
In Maharashtra, 169 sugar mills are in operation and had produced 33.75 lakh tonnes till December, 31, 2015, against 172 sugar mills producing 32.64 lakh tonnes in the same period last year. From the beginning of this season till December 31, the average sugar recovery in the State stands at 10.36 per cent against 10.44 per cent last year.
The 113 mills in Uttar Pradesh had crushed 183.21 lakh tonnes of