Maharashtra's Sugar Industry Faces Effects of COVID-19, an Industrial Info Market Brief

The COVID-19 pandemic has hit sugar industry investors hard. Fifty-six of 146 sugar mills in India's Maharashtra state have already maxed out their crushing capacity, leaving the farmers in ambiguity about their ripe fields. According to the Indian Sugar Mills Association (ISMA), the daily rate of crushing in the current season in Maharashtra is significantly lower than last year. Also, mills that are now operating will be closing earlier than last year. Industrial Info is tracking 490 Plants with 2,188 functional management contacts for the sugar industry in India. Click here for a list.