Industry bodies, including National Federation of Cooperative Sugar Factories (NFCSF), have urged the government to raise the MSP to at least Rs 42 per kg to help mills sustain operations amid rising production costs.
Chopra noted that sugar production for the 2024-25 season (October-September) looks promising, with the area sown to sugarcane increasing to 58 lakh hectare so far from 57 lakh hectare during the same period last year.
For the 2023-24 season, sugar production is estimated at 32 million tonne, lower than 32.8 million tonne in the previous season, but sufficient to meet the domestic demand of 27 million tonne.
Earlier, addressing the event, the food secretary also mentioned that the agriculture ministry is conducting research to evaluate water requirements for ethanol production from various feedstocks, with preliminary findings suggesting that ethanol from sugarcane may require less water than ethanol from maize and rice.