Sugar stocks: what triggered the transformation of the sugar industry?

The Indian sugar industry, the world’s second largest producer after Brazil (~36.5 MT), with 30.8 MT of production during the sugar season (Oct-Sept) 2020-21, was traditionally known for its exports, its cyclicality and its high operating costs.

Synopsis

The sugar sector is undergoing a massive revolution and has become a powerful engine of clean energy, accelerating India’s transition to renewable energy. The industry, which was primarily seen as part of the food ecosystem, is now also seen as a key driver of the clean energy initiative.

India’s ethanol production capacity is around 800 crore litres, according to a report by NITI Aayog, which shows that a shortfall would lead to higher ethanol prices if the production capacity was not increased in time. What impact will this have on companies in the sugar sector? The sugar sector is undergoing a massive revolution and has become a powerful engine of clean energy, accelerating India’s transition to renewable energy. The industry, which was

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Rachel J. Bradford