 "EID Parry sees cane availability growing in states other than TN this year")
Murugappa Group firm EID Parry says if the northeast monsoon is good for the next six weeks, Tamil Nadu would see better sugarcane availability during sugar year 2018-19. Supply was tight last year in the state, due to drought in the region.
Overall production in the country was likely to rise from 20.3 million tonnes in 2016-17 to 24.5-25 million tonnes, said S Suresh, managing director.
"As of now, Tamil Nadu is going to be a bit tighter in terms of sugar," he told analysts in a recent earnings call. In the quarter ended September, there was a 46 per cent drop
