Lockdown fails to dampen sugar demand, proposed increase in MSP to support profitability

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“Despite the lockdown, consumption of sugar in 2019-20 has been similar to the consumption of 255 lakh tonnes in the previous year,” said Vivek Pittie, president, Indian Sugar Mills Association, speaking at a recent industry webinar.

from Agriculture-Economy-News-Economic Times https://ift.tt/3ie40t8

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Assam’s bamboo-based refinery generates interest among private investors from varied sectors

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The Assam Bio Refinery, a joint venture between Numaligarh Refinery Ltd, Fortum, and Chempolis, plans to manufacture ethanol from bamboo starting in March. The refinery has generated interest from energy sector investors, and the company expects returns on investment to increase from value-added products. India is promoting the production of ethanol from non-food biomass to address shortages of food sources like sugar, maize, and rice. from Agriculture-Economy-News-Economic Times https://ift.tt/Msz0Jl6
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