Drought situation to hit sugar output hard in Maharashtra and Tamilnadu

Even as the International Sugar Organization (ISO) has raised its forecast for 2018-19 global sugar surplus to 1.83 million tonnes, up from its previous estimate of 641,000 tonnes, thanks to increased production in India and Thailand as well as a diminished outlook for sugar consumption, Maharashtra and Tamilnadu in India are reporting huge output cuts […]

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Karnataka steel industry body calls for fresh auction on ore mines

The Karnataka Iron and Steel Manufacturers’ Association (KISMA) has demanded fresh auction of iron mines in Karnataka to provide a level-playing field between captive and merchant miners.  The industry body also claimed that the concerns raised by merchant miners over the possible supply shortage post expiry of mining leases in March 2019 are “baseless” and […]

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Higher price, poor quality result in 2.24 million tonnes unsold iron ore inventory in India’s Karnataka

Higher price and poor quality led to an unsold iron ore inventory of 2.24 million tonnes in 2018-19 in Karnataka, according to industry body KISMA. The development assumes significance as a group of mining dependents in Karnataka had earlier requested the Supreme Court-appointed panel to allow free iron ore trade and give preference to local […]

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Mining dependents in Karnataka, India, ask Supreme Court panel to allow free iron ore trade

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A group of mining dependents in Karnataka has requested the Supreme Court-appointed panel to allow free iron ore trade and give preference to local ore over imports, stating that various restrictions on mining in the state have made their livelihood uncertain. Mining dependents pointed out caps on mining volume, e-auction and other restrictions have lowered […]

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Extreme weather adversely impacts coffee output in last 4 years

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Coffee-producing South Indian states have been witnessing a series of extreme weather events in the last four years. Extreme rainfall causing heavy flood and large-scale landslides in August 2018 in coffee producing areas of Kerala and Karnataka led to a dip of around 20 per cent in the total coffee production. South Indian states like […]

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India’s sugar mills produce 39.7 lakh tonnes till Nov 30; set to reach another record

Indian Sugar Mills Association (ISMA), an industry body in its report has stated that Indian Sugar mills have produced 39.73 lakh tonnes of sugar till November 30, 2018. The figure is almost similar to the sugar production of 39.14 lakh tonnes during same period of previous year. According to a release issued by ISMA: “As […]

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