Indian Sugar & Bio-energy Manufacturers Association (ISMA) in its latest report said that India is likely to conclude sugar 2024-2025 marketing season (October to September) with closing stock of around 52-53 lakh tonnes. The 2024-25 sugar season is projected to conclude with a net sugar production of around 261 to 262 lakh tonnes. This includes 257.44 lakh tonnes produced up to mid-May, along with an estimated 4 to 5 lakh tonnes anticipated from the special crushing season in Tamil Nadu and Karnataka.
According to ISMA, 2024-25 sugar season commenced with an opening stock of 80 lakh tonnes and consider the projected domestic consumption of 280 lakh tonnes and export estimates of upto 9 lakh tonnes.
Around 27 lakh tonnes of sugar have been diverted for ethanol production up to April 30, 2025. Additional 6 to 7 lakh tonnes of sugar is likely to divert for the same purpose over the remainder of the season.