Indian Sugar Mills Association Explained

Indian Sugar Mills Association is premier sugar organization in India. It establish connection between Government and Sugar industry (private and public) in the country. Prime objective is to ensure that functioning of both private and public sugar mills in country are done through government policies.

The association is the oldest industrial association in India established in 1932. It is industrial association consisting of more than 532 public and private sector sugar mills.[1] [2] The current ISMA members amount to 50% of total sugar manufactured in India and membership spans across major sugar producing states of India. ISMA typically lobbies with Government of India and local state government for the benefits and interests of sugar manufacturers. India ranks second in production of sugar in world[3] ISMA works closely with Indian Sugar Exim Corporation Limited (ISEC); another association for co-operative sugar mills, and also with All India Sugar Trade Association (AISTA) an organisation representing Indian sugar traders and brokers at international level.[4] ISMA regularly releases statistics regarding sugar output in India.[5] [6] [7]

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References

Notes and References

  1. News: ISMA cuts India's 2018-19 sugar production estimate to 307 lakh tonnes. Bhosale. Jayashree. 2019-01-21. The Economic Times. 2019-06-03.
  2. Web site: Sugar dearer on cane availability concerns. Mukherjee. Ritwik. 2019-06-03. The Asian Age. 2019-06-03.
  3. News: Sugar mills in Meerut on the verge of shutting down. 24 April 2012. Economic Times. 24 April 2012.
  4. Web site: Sugar traders’ body AISTA seeks duty-free imports. @businessline. en. 2019-06-03.
  5. News: Sugar output up 13% of October–March - Indian Sugar Mills Association. 24 April 2012. Economic Times. Apr 3, 2012.
  6. Web site: India could soon become the world’s largest sugar producer but here’s why that’s a problem. Business Insider. 2019-06-03.
  7. Web site: India's 2018-19 sugar output likely to hit new record 35.5 million tonnes. The Times of India. 2019-06-03.