write a information transfer on sugar production in india 2002 ,
Answers
Explanation:
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.
Indian sugar industry is a critical industry, as on one hand it services the domestic
market, the largest in the world and on the other hand, it supports 50 million farmers
and their families. It is the second largest agro based industry in India.
Emerging businesses like fuel ethanol and structural changes globally including the
removal of EU subsidies have provided new horizons for the sector.The sector today
has transformational opportunities that would enable it not only to continue to
service the domestic markets but also emerge as a significant carbon credit and
power producer and support an ethanol blending programme of E10 and beyond.
However the sugar regulations would have to evolve to facilitate the transformation
of the sector.We believe in the potential of the sector and have therefore partnered
with ISEC in conceptualizing the sector roadmap 2017.
In the past, while there have been major studies conducted on the regulatory
aspects of the sector, there have been none which have provided a comprehensive
roadmap incorporating both the business and regulatory perspectives. This study
aims at providing that comprehensive roadmap.
It has been a challenging task, but we've received tremendous support from the
industry in developing this study. We are confident of the potential of the
transformation opportunities and if the sector were to traverse the recommended
roadmap, it would move towards the shared vision.
We are grateful to ISEC for giving us the opportunity and to all stakeholders who
contributed to this study.
Arvind Mahajan
Executive Director, KPMG Advisory Services Pvt. Ltd.