To escape the adverse effects of prohibitive regulations with respect to feedstock use and exports, Indian sugar mills are trying to boost the shares on non-sugar business verticals in their sales revenue.
In a macroeconomic environment strongly influenced by cane price populism, Indian regulators show extreme urgency when it comes to hiking the regulated price of cane, the key raw material for the country’s sugar milling sector. However, they have been dilly dallying on implementing measures which could help improve the financial health of sugar mills, for
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