How much does it cost to setup a sugar mill in India?

How much does it cost to setup a sugar mill in India?

The approximate cost of plant and machinery for a sugar mill for 2500 tonnes processing capacity will be around 40 Cr to 50 Cr in Indian rupees. In addition to this, you need to invest in land, building, housing, working capital, etc. The total investment t will be a minimum of 125 Cr for setting a sugar mill in India.

How much does a sugar mill cost?

The total cost of raw material is estimated at Rs179. 763/40kg for Sindh and Rs180. 019/40kg for Punjab. Sugar obtained from 40kg sugarcane is 4.196kg in Sindh and 4.044kg in Punjab, cost of raw material per kg of sugar is estimated at Rs48.

How much land is required for a sugar mill?

Sugar Mills’ Capacity In order to enable the country to be self-sufficient in sugar, a minimum area of 1.150 million hectares should remain under sugarcane cultivation, which can produce 50 million tons at an average yield of 43.86 tons per hectare.

What is the manufacturing cost of sugar?

Add to it a cash conversion cost which includes power, chemicals, consumables, wages, packaging, maintenance, overheads etc, minus the earnings from by-products of Rs 550-600 per quintal, an another Rs 175-200 per quintal as interest on working capital and term loan, the net cost of sugar production will be …

Is the sugar industry profitable?

Overall, revenue for the Sugar Processing industry is expected to grow at an annualized rate of 2.1% to $11.8 billion over the five years to 2021 as the industry has maintained major downstream markets, but contended with changing consumer tastes and volatile input costs of raw sugar.

Which is the biggest sugar mill in India?

Khatauli’s Triveni Sugar Mill is the largest in Asia in terms of scale of production and storage capacity. The mill has been operational since 1933. Khatauli is a large, rural town and offers some tourist attractions.

What is the price of sugar in India?

Sugar Price Live

Last Price Change Buy
3136 0.00 3025

Which is Asia’s biggest sugar mill?

Triveni Sugar Mill
Khatauli’s Triveni Sugar Mill is the largest in Asia in terms of scale of production and storage capacity. The mill has been operational since 1933. Khatauli is a large, rural town and offers some tourist attractions.

What is the project cost of a sugar mill in India?

Originally Answered: What is the project cost of a sugar mill in India? Plant and machinery for a 2500 tonnes per day processing capacity could cost around 40–50 crores depending on specifications There would be other costs likebuilding,lands,roads,housing,offices,working capital etc

What is the main product of Shakarganj Mills?

Shakarganj Mills Ltd. primarily deals in the production of refined cane sugar and sugar by-products. The mill produces many different types of sugar comprising of pharmaceutical, beverage, and commercial grades sugar as well as soft brown sugar, caster and icing sugar, sugar cubes, sachets, and retail packs.

What is a sugar mill?

Ranipur Sugar Mill is a vital part of the rural communities, providing thousands of jobs in multiple capacities. A sugar cane mill can refer to a factory that processes sugar cane to produce raw or white sugar.

What is the working capital required to start a sugar mill?

The working capital includes procuring raw materials, staffing, utilities, transportation, and distribution expenses. The approximate cost of plant and machinery for a sugar mill for 2500 tonnes processing capacity will be around 40 Cr to 50 Cr in Indian rupees.

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