UP sugar mills want status-quo on SAP due to rising cost of production

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The story "UP sugar mills want status-quo on SAP due to rising cost of production" was covered 14 hours ago by Business Standard, a news publisher based in India.

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UP sugar mills want status-quo on SAP due to rising cost of production - Business Standard

Quick Summary:

Nearly 5 million farm households are directly associated with sugarcane farming in UP and cane by-products including sugar, ethanol, molasses etc generate an annual economy of over Rs 50,000 crore in the state.

UP is one of India’s largest sugarcane-producing states in the country and home to the largest number of private sugar mills in the country.

The millers also said that while one hand production costs have risen on the other hand there has not been any significant rise in sugar prices till the end of December 2024 as compared to the same period last year.