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India to close 2024-25 sugar season with comfortable stock of 52-53 lakh tonnes: ISMA
The Business Guardian
|May 17, 2025
India will close the current sugar marketing season with a closing stock of around 52-53 lakh tonnes, believed to be a comfortable buffer, and it will ensure that the country has a sufficient supply to meet its demand, Indian Sugar and Bio-Energy Manufacturers Association (ISMA) said on Friday.
Sugar marketing season in India runs from October to September.
The 2024-25 season commenced with an opening stock of 80 lakh tonnes. Considering the projected domestic consumption of 280 lakh tonnes and export estimates of up to 9 lakh tonnes, the closing stock is likely to be around 52-53 lakh tonnes, according to the industry body ISMA.
This story is from the May 17, 2025 edition of The Business Guardian.
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