Sugar output is expected to fall down to 14 % which is an extreme downfall in sugar assuming from October 2019 till September 2020 as reported by Indian Sugar Mills Association (ISMA).
Maharashtra has the lowest Sugar output estimate that is expected to be down to 34.7%. Though no inflation of prices in sugar is to raise in the sugar production of 28.2 million that is a downfall of sugar according to CARE ratings.
Source: Financial Express
- 8 Jul 2019