date:Dec 20, 2012
lisation this year and reduce the average fixed costs, the historically high SAPs in UP, leading to high costs of production, is nullifying the expected benefits. The difference between prevalent ex-mill prices and the resultant cost of production in UP, could lead to losses to mills to the tune of Rs 4,000 crore, which might reflect in the form of cane price arrears in 2012-13. ISMA has estimated 79 lakh tonne of sugar production in UP in 2012-13.
Karnataka has produced 11 lakh tonne of sugar