Sugar Industry in India: An Investor's bet on Addiction
Created on 23 Nov 2022
Wraps up in 6 Min
Read by 363 people
Updated on 08 Dec 2022
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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