FROM THE CHAIR- Problems and Prospects of Sugar Industry

Problems and Prospects of Sugar Industry By Bahubali Gulabchand A SIZEABLE section of the sugar industry continues to be on the sick list. The production which drastically declined last year, is showing some signs of recovery this year, but recovery will be only marginal; the outlook for next year's production, too, does not look very bright. The sugar stock position is none too happy, and instead of exporting sugar it seems that the country will have to be importing sugar to keep up supplies to the free market, as major portion of free sugar has already been released and remaining stock will not go far.