Theoretical study of issues related to sugar industry of India

India plays a very vital role in the world sugar production. India has a long history of cane production. The International Sugar Organisation's estimate about 45 lakh tonne surplus in the global market is set to hit the Indian sugar industry in the year 2011–12, including Maharashtra. The Indian Sugar Manufacturers’ Association has said that the Indian sugar industry has so far produced 1.04 crore tonne of sugar till January 15 in the current season, which is around 17 lakh tonne more than the production in the same period in 2010. The country‘s annual sugar production for the current year is being estimated at 185 lakh tonne, as against 130 to 135 lakh tonne last year. Moreover, lower allotment of sugar quota to Maharashtra and Gujarat has pushed up the sugar prices in the local markets. As one of the largest producer of sugar and having the potential to expand, India has to take up certain issues which are hindering the growth of sugar factories. This paper tries to explain these issues and tries to give the recommendations which will be helpful to the co-operative as well as private sugar factories of India.