ISMA pegs sugar output lower by 3.41% at 316.80 lakh tons in 2023-24 season
Releasing a preliminary estimate, Indian Sugar Mills Association (ISMA) said about 45 lakh tonnes of sugar will be diverted towards the production of ethanol in the next season 2023-24, as compared to about 41 lakh tonnes in current season.
Total sugarcane acreage remains slightly higher at 59.81 lakh hectares in 2023-24, as against 59.07 lakh hectares in the previous year.(Image credit: Reuters/file)