To date, the government has approved 196 grain-based ethanol projects with 8.59 billion-litre capacity have been approved by Union Food Ministry since January 2021, a government official said, according to local press reports.
India lost the dispute over providing excessive domestic support and export subsidies for sugar and sugarcane at the World Trade Organization (WTO). The dispute settlement panel ruled against the country on a complaint that Brazil, Australia, and Guatemala had filed. The announcement of the ruling was made on 14 December.
Postponement of WTO’s ministerial conference deprives India of pushing proposal of giving unlimited subsidies [Full subscriber]
A group of developing countries led by India wants the right at the World Trade Organization (WTO) to give unlimited subsidies for sugar and other products on the grounds of food security, a concern that has grown with the pandemic, reports Valor Economico.
Indian government raised the price at which oil marketing companies will buy ethanol from sugar mills on November 10, Minister of Information and Broadcasting Anurag Singh Thakur said.
India – DCM Shriram investing over US$48 million to expand milling capacity and add backend refineries [Full subscriber]
Chemicals, sugar, and fertilizers company DCM Shriram announced on 8th November that it is planning an investment of over INR3.58 billion (US$48.3 million) to expand capacity at of one of its sugar mills and one ethanol plant as well as add a couple of backend refineries, according to local press reports.
India loses dispute at WTO over sugar subsidies brought by Brazil, Australia and Guatemala [Full subscriber]
India has lost the dispute over its subsidies on sugar exports at the World Trade Organization (WTO), brought by Brazil, Australia and Guatemala, Valor Economic reported.
India – Government injected US$4.65 billion over last six years to incentivise ethanol production [Full subscriber]
Over the last six years, this Government has successfully injected INR350 billion (US$4.65 billion) to drive ethanol production, according to the Ministry of Petroleum & Natural Gas.
India – Top sugar companies in Uttar Pradesh diversifying into alcoholic drinks sector [Full subscriber]
A lucky mix of regulation and business opportunity has paved the way for some of India’s largest sugar and chemical manufacturers, including Triveni Engineering, DCM Shriram, Dhampur Sugar Mills and India Glycols Ltd (IGL), to enter the liquor business, according to local press reports.
Vishwaraj Sugar Industries plans to build a new sugar factory and expand its existing distillery facility at Belgaum in Karnataka with an investment of ₹4 billion (US$53.8 million).