Niti Aayog Report: India's Sugar Production to Outpace Demand: Exports & Ethanol Diversion Expected

Key Points:

➡️NITI Aayog report predicts India's sugar production will exceed demand by 2047.

➡️This surplus paves the way for sustained sugar exports and increased ethanol production.

➡️Sugarcane production has quadrupled since 1966, despite a stagnant area.

➡️Direct sugar demand is expected to grow slowly due to health concerns.

➡️The projected surplus could reach 6 million tonnes by 2047.

➡️Additional Information:➡️
https://www.chinimandi.com/niti-aayog-report-indias-sugar-production-set-to-outstrip-demand-paving-the-way-for-sustained-exports-and-ethanol-diversion/

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