Sugar Industry contributes 2500 Crore as tax to both center and state Govt’s. There have been several recommendations and studies conducted earlier on Sugar sector in India by Mahajan, Tuteja, ISMA etc, carrying forward their good work and Spirit am putting forward few issues which have sensed over a period in Industry, that Indian Sugar Sector Operates in traditional Parameters unlike IT which works with buoyancy on Open sourcing and sharing. More the Sugar sector opens up the more it could better its performance.
Interactions with Global with Sugar technologists, Researchers, Breeders, Chemical industry, enzyme, yeast manufacturers, machinery , farm equipment manufacturers, oil corporates, logistic players, Traders, Distillers, Investment Bankers, CDM players , Policy makers etc made me feel the need for Integration and Common Platform which will enable all players share, minimize duplication and take ahead India to the next level where India could replicate the Success stories of Brazil and Australia.
Policy support and Opening up market should be like all decontrolled sectors which will help Industry to consolidate and operate more efficiently and also enable financial institutions look forward with more positive outlook at this sector. Cogeneration, Ethanol blending sale mechanisms which are under purview of state should also have a uniform policy across country without any distortions. There should be free trade among states or among neighboring Countries and also a more open, forward looking policy towards international markets.