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The sweet revolution: India’s transition from sugar mills to biorefineries 

The Indian sugar industry, crucial for rural livelihoods and economic stability, faces challenges including overproduction and price volatility. The Indian Sugar Mills Association (ISMA) has recently proposed transforming sugar mills into biorefineries to address these issues. This shift aims to diversify the industry and align with sustainable development goals. The proposal comes at a pivotal time, offering a potential solution to the industry’s chronic problems while contributing to broader environmental and economic objectives.

With strategic investments, government support, and industry collaboration, this transformation can lead to a more sustainable, diversified and resilient future

The Indian sugar industry, a cornerstone of the agricultural economy with roots in the colonial era, has long been a major contributor to rural livelihoods and national economic stability. However, the industry now faces significant challenges, including chronic overproduction, volatile prices, and the need for diversification. In response, the Indian Sugar Mills Association (ISMA) has recently called upon the government of India to support the conversion of sugar mills into biorefineries. This transformative proposal comes at a critical juncture for India’s sugar industry, presenting a potential solution to its current challenges and aligning with the country’s sustainable development goals.

Source Link : https://www.thehindubusinessline.com/economy/agri-business/the-sweet-revolution-indias-transition-from-sugar-mills-to-biorefineries/article68478964.ece

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