Sugar Industry in India: An Investor's bet on Addiction
Elite
3.65 crore metric tonnes. That is the colossal amount of sugar produced by the Indian sugar industry for the sugar year 2021-22. Yes, sugar production has a different 12-month cycle that runs from October to September every year.
The second largest producer of sugar after Brazil, India’s income from sugar exports for the aforementioned period stood at ₹20,000 crore. This record-breaking inflow was achieved by flooding the global markets with 1.09 crore metric tonnes of the sweet crystal.
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