Social Sciences, asked by mehanasajeevgm34, 1 year ago

a semminar report on sugar industry p/z

Answers

Answered by kahandave7
1

The Indian sugar industry is a key driver of rural development, supporting India's

economic growth. The industry is inherently inclusive supporting over 50 million

farmers and their families, along with workers and entrepreneurs of almost 500

mills, apart from a host of wholesalers and distributors spread across the country.

The industry is at a cross roads today, where it can leverage opportunities created by

global shifts in sugar trade as well as the emergence of sugarcane as a source of

renewable energy, through ethanol and cogeneration. While some of these

opportunities have been well researched in the past, there was a need to assess the

potential for India and to develop a comprehensive and actionable roadmap that

could enable the Indian industry to take its rightful place as a food and energy

producer for one of the world's leading economies.

Indian Sugar Exim Corporation (ISEC), an apex body with both Indian Sugar Mills

Association (ISMA) and National Federation of Cooperative Sugar Factories (NFCSF)

as its constituents, has sponsored KPMG for developing this roadmap. Over last

few months, KPMG had extensive discussions with stakeholders across the value

chain – farmers, millers, international traders and policy makers. These were

supported with data collation from various sources, a comprehensive consumer

study and expert views from international sugar research agencies. This report is the

culmination of all these efforts and insights.

The report identifies imperatives for industry stakeholders, both from business and

regulatory perspectives.The impact of these imperatives will enable greater prosperity

for millions of farmers and drive future growth of the industry in domestic and

international markets, while contributing towards food and energy security for India.

We appreciate the contribution of the KPMG team in developing this roadmap and

the industry stakeholders and policy makers now need to work together to enable

its successful implementation.

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