Business Standard
Sunday, May 27, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Cane crushing to produce over 100 lakh tonnes
Kalpesh Damor / Mumbai/ Ahmedabad Nov 23, 2009, 00:52 IST

Almost all the sugarcane factories have started cane crushing for the season. With crushing activity picking up, industry players estimate that around 100 lakh tonnes are likely to be crushed in 2009-10, while government has pegged the figure at 107 lakh tonnes.

Gujarat has total 17 sugar factories run on co-operative basis. "Sugar factories have started crushing and they are operating at fully capacity. Approximately, 25 lakh tonne of cane has already gone into crushing so far. Cane crushing is expected to increase at 100 lakh tonnes in 2009-10, which was around 96 lakh tonnes in 2008-09," said Mansinh Patel, president, Federation of Gujarat State Co-operative Sugar Factories (FGSCSF).

According to government estimates, nearly 107 lakh metric tonnes of sugarcane would be available for crushing in 2009-10. In fact, government had predicted a cane crop of 113 lakh metric tonnes but later on made it more conservative by trimming the estimate to 107 lakh tonnes. In 2008-09, close to 99 lakh metric tonnes sugarcane was crushed.

"Following higher prices for sugarcane last year, farmers turned to this crop leading to higher sugarcane acreage in the state at 1.57 lakh hectares, which stood at 1.47 lakh hectares. This will result into higher cane production in the state," said GK Fakir, director of sugar, government of Gujarat.

In the wake of erratic rainfall this year, some of the industry players have expressed concern over recovery ratio (sugar produced from 1 tonne sugarcane). "Recovery is likely to be lower from the month of February. Sugarcane yield was affected due to scanty rains, which may affect the production of sugar in the state," said Dilip Bhakta, chairman, Madhi Sugar Factory. It may be mentioned here that Bardoli Sugar and Madhi Sugar have crushed 3 lakh tonnes and 2 lakh tonnes of cane till now.

However, government expects the sugar production in the state to increase to 11.57 lakh tonnes this fiscal following rise in area under sugarcane crop. Gujarat has witnessed sugar production of 10.20 lakh tonnes in 2008-09.

It may be mentioned here that Bardoli Sugar and Madhi Sugar have crushed 3 lakh tonnes and 2 lakh tonnes of cane till now.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- IFC plans to invest in Malaysia's Khazanah healthcare arm
- Cong leaders must work together for winning elections: Scindia
- Hotel Leelaventure redeems outstanding bonds worth $41.6 mn
- Ex-Galleon portfolio manager testifies against Rajat Gupta
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- EGoM to now decide on base price for spectrum auction
- Air India pilots wanted a halt to command training of IA pilots
- Rohit Viswanath: The news about soft power
- Traders go long on $-Re , short on Euro-Re
- Covering life, health is not all
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us