date:Aug 18, 2014
w, hitting mills' financial health and in turn our ability to pay cane growers, Verma said in an interview. Sugar output in India, the world's biggest producer after Brazil, looks likely to jump 4 percent to 25.3 million tonnes in 2014/15, the fifth surplus year in a row, because of higher cane yields in Maharashtra and Karnataka states, Verma reckons.
There were apprehensions that a slow start to the monsoon season would trim cane output but a revival in rains has resulted in higher acreage.