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Indian Sugar Industry, August 2011
Credit Analysis & Research Limited, Aug 2011, Pages: 106
After facing a free fall in the sugar production in the SS2008-09 due to a steep decline in the sugarcane cultivation, the sugar production grew by 31 per cent in the SS2009-10. The recovery in sugar can be attributed to the increased yield and recovery rate. However, the sugar consumption continued to grow at a steady pace. It grew at a CAGR of 2.6% during SS05-10. India is the second-largest sugar producer globally, the largest being Brazil. Excess of production over consumption will augur the exports, which is currently fixed at 2.7 million tonne (1.5 million tonne under the OGL scheme and 1.2 million tonne under the ALS) for SS2010-11.
How will the sugar prices pan-out in excess sugar condition? What will be the export scenario? The report seeks to answer the above issues using reliable sources of the primary and secondary data and CARE Research’s views on the same.
CARE Research's report on the ‘Indian Sugar Industry’ contains comprehensive data and analysis of the sector apart from giving CARE's outlook on the sector. By developing the sophisticated model with its established network of the primary and secondary sources CARE Research has also tried to analyze the different business models which the industry players can adopt and the incremental profits which can be generated from these models.
The report is indispensable for any company in the sugar industry, banks/ FIs, policy makers, research and academic organizations, other international and national agencies etc. Additionally, the four quarterly updates (for the period August 2011 to July 2012) accompanying the subscription of the said report would form a potent tool for the subscribers to keep abreast of the happenings in the industry.
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