What are the major challenges faced by the sugar industry?
Answers
Hi, please consider the answer given below;
The major challenges faced by sugar industries are as follows;
1. There is shortage in sugarcane supply and this has lead to the reduced production levels of industries.
2. The use of obsolete technologies and this makes production not to be very efficient.
3. There is also low capacity utilization.
4. The other one which has lead to the decline of sugar industries is poor financial performance.
5. There is also poor transport facilities and this makes the cane to take longer time before transported to the industries.
6. There is also discriminatory government policies.
Discussed below are some challenges that were faced by the sugar industries in India:
• Scarcity in the supply of sugarcane had caused diminished levels of production of the industries.
• Lack of modern technologies and infrastructure had led to inefficient levels of production.
• Low capacity utilization was also a dominating challenge
• Lack of financial help and appropriate transport facilities were also major drawbacks faced by the industry.