UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 7 Issue 2
February-2020
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2002513


Registration ID:
401301

Page Number

740-746

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Title

INDIAN SUGAR INDUSTRY: PROBLEMS & CHALLENGES

Abstract

India ranks first in sugar consumption and second in sugar production in the word. Indian sugar industry has been facing problems with respect to raw materials, resources, and infrastructure. Globalisation has brought a number of opportunities but at the same time posed certain challenges for the sugar industry. Mounting losses and decreasing net worth of sugar factories have been responsible for sickness of the sugar industry. Sickness of sugar industry has reached to an alarming position. Indian sugar industry has been cash striven for decades. Low cash inflow due to piling stocks lead to serious financial crisis and finally to the closing of sugar factories. Sugar prices have been a political issue rather than an economical one which worsened the economy of sugar factories many times. The main concern for sugar factories in India is fluctuation in sugarcane production, due to inadequate irrigation facilities, low sugarcane yield and frequent droughts in tropical and subtropical areas where sugarcane is grown on a large scale. India has to gear up to the new challenges of higher cane and sugar production to meet the future requirements. With the present trend of sugarcane and sugar production, India will be hard to sustain and is needed to increase the present trend of cane production to a level that India becomes the world’s largest sugar producer.

Key Words

INDIAN SUGAR INDUSTRY: PROBLEMS & CHALLENGES

Cite This Article

"INDIAN SUGAR INDUSTRY: PROBLEMS & CHALLENGES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 2, page no.740-746, February-2020, Available :http://www.jetir.org/papers/JETIR2002513.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"INDIAN SUGAR INDUSTRY: PROBLEMS & CHALLENGES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 2, page no. pp740-746, February-2020, Available at : http://www.jetir.org/papers/JETIR2002513.pdf

Publication Details

Published Paper ID: JETIR2002513
Registration ID: 401301
Published In: Volume 7 | Issue 2 | Year February-2020
DOI (Digital Object Identifier):
Page No: 740-746
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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