Can ethanol save sugar sector? ET Conversation with DG ISMA
India’s sugar industry is facing pressure from rising cane costs, stagnant sugar and ethanol prices, and excess ethanol capacity despite heavy investments, says India Sugar and Bio-energy Manufacturers Association DG Deepak Ballani.Mr Ballani believes that India’s sugar sector needs coordinated policy support to balance farmer welfare, mill viability, ethanol goals, and climate risks, with industry seeking revisions in sugar MSP, ethanol pricing, and allocation norms.
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