date:Apr 01, 2012
illers is needed is urgently needed, however, it is difficult to identify these buyers who normally purchase sugar by floating in tenders through dealers, said Ajit Chowgule, MD, Maharashtra State Sugar Factories Federation Ltd. These buyers comprising industries and small business segment almost constitute 62% of free sale sugar.
His views are echoed by Abhinash Verma, director-general, Indian Sugar Mills Association. He said that even if the prices of sugar are bought down the bulk buyers, pa