New Delhi: India has emerged as the world’s largest producer and consumer of sugar as well as the world’s 2nd largest exporter of sugar as a record of more than 5000 Lakh Metric Tons (LMT) sugarcane was produced in the country in Sugar Season (Oct-Sep) 2021-22.
Out of the total production, about 3574 LMT of sugarcane was crushed by sugar mills to produce about 394 LMT of sugar (Sucrose). Out of this, 35 LMT sugar was diverted to ethanol production and 359 LMT sugar was produced by sugar mills, government sources said.
The season has proven to be a watershed season for Indian Sugar Sector. All records of sugarcane production, sugar production, sugar exports, cane procured, cane dues paid and ethanol production were made during the season.
Another shining highlight of the season is the highest exports of about 109.8 LMT that too with no financial assistance which was being extended upto 2020-21.
Supportive international prices and Indian Government Policy led to this feat of Indian Sugar Industry. These exports earned foreign currency of about Rs. 40,000 crores for the country.