India’s coffee exports hit 9-yr low in dollar value during FY20: Drip Capital

India’s coffee exports have seen a steady decline in the last decade amid growing need for value addition across multiple stages of coffee processing globally and rising demand for specialty coffees, according to a report by global trade finance company Drip Capital, quoting data from Directorate General of Foreign Trade (DGFT). India exported nearly USD […]

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India’s sugar production estimated to remain steady at 31 million tonnes during 2021-22: ISMA

India’s sugar output during 2021-22 is estimated to remain flat at around 310 lakh tonnes in the next marketing year starting October on higher diversion of cane juice for ethanol manufacturing, according to industry body ISMA. Sugar marketing year runs from October to September. The total area under coverage for sugarcane is estimated to be […]

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Sugar production in Uttar Pradesh likely fall by 20%, thanks to ethanol diversion

Sugar production in Uttar Pradesh, the country’s largest sugar producing state in 2019-20 season, is likely to fall by around 20 per cent year-on-year to around 100 lakh tonnes in the October 2020-September 2021 season as against 126 lakh tonnes in the last season. The dip in production is primarily due to diversion into ethanol […]

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Hutti Gold Mines in Karnataka to triple production in one-and-half years

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India’s only gold producer Hutti Gold Mines plans to triple annual production of the yellow metal to 5,000 kgs in one-and-a-half years, according to Karnataka Mines and Geology Minister Murugesh R Nirani. Nirani, who completes one month in office as cabinet minister in the BJP-ruled Karnataka government, added that due to COVID-19, the revenue from mines […]

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Sugar production rises by 25% to 17.68 million tonnes during 4 months between October ‘20 and January ‘21: ISMA

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India’s 491 sugar mills have together produced 176.83 lakh (17.683 million) tonnes of sugar in the first four months of the current sugar season, which started on October 1. In the corresponding period of the previous season, the mills produced 141 lakh tonnes. The output is up by around 25%, prompted primarily by an increased […]

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