India’s sugar production stood at 69.4 lakh tonne (LT) during the first two and half months of the current marketing year. This is a jump of 29.8% compared to 53.46 LT production stood on the corresponding date of previous sugar season. According to industry body ISMA Indian Sugar Mills Association (ISMA) this rise is on account of higher cane output. As on December 15, 2017, 469 sugar mills were crushing sugarcane for the year 2017-18 as against 449 mills last year same time.
In Maharashtra, 176 sugar mills are in operation and they have produced 25.50 LT of sugar till December 15, 2017. In 2016-17 SS, there were 144 sugar mills in operation as on December 15, 2016 and they had produced 17.25 LT. In Uttar Pradesh, 116 have produced 23.37 LT of sugar till December 15, 2017 as compared to 115 sugar mills produced 17.66 LT last year on the corresponding period.
Besides, the third largest producer of sugar - Karnataka, has produced 11.50 LT of sugar till December 15, 2017. This is about 0.50 LT higher than the sugar production in 2016-17 SS as on December 15, 2016. During the current 2017-18 SS, 60 sugar mills are in operation as on December 15, as compared to 59 operated on the corresponding date of 2016.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: