August 27, 2026 2:50 PM
India’s sugar sector strengthens as production, ethanol diversification and farmer payments gain momentum
India’s sugar industry is undergoing a broad-based transformation, combining a growing sugarcane production base with ethanol diversification, stronger sugar mill finances, rising exports and improved payment capacity for farmers. While sugar prices have risen in recent weeks, the government has said the increase is largely driven by short-term supply and market factors rather than an underlying shortage of sugar in the country. India is the world’s second-largest sugarcane producer, with t...