NCP chief Sharad Pawar speaking at Sugar Conference 2020 in Pune, Maharashtra on July 7. Photo/ANI
NCP chief Sharad Pawar speaking at Sugar Conference 2020 in Pune, Maharashtra on July 7. Photo/ANI

We need to think about sugar production cost, says Sharad Pawar

ANI | Updated: Jul 07, 2019 17:17 IST

Pune (Maharashtra) [India], July 7 (ANI): Nationalist Congress Party (NCP) chief Sharad Pawar on Sunday said that some factories have been spending too much on the production of sugar hence there is a need to think about the production cost in order for the industry to flourish.
Speaking at Sugar Conference 2020, Pawar said, "Some factories are spending too much on the production of sugar hence there is a need to think about it because if that is not the focus then this industry will be in danger."
"Sugar is an important business in Maharashtra. About 5.5 crore farmers are involved in it. Once upon a time, Australia was at the second spot in terms of largest production of sugar after Brazil but now India has that much production," he said.
Pawar further said, "Sugar is not purchased at a committed price, hence the purchase is less. I think the central government is planning something for this."
"We will have to decide the combination of ethanol used besides thinking about customer and transport for production and export of sugar. If all things are done well then in future there will be no need to make sugar as we can only go with ethanol as an alternative and this business will have very good output, " he said. (ANI)

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