PROFITABILITY AND EFFICIENCY OF SUGAR INDUSTRY IN INDIA

Abstract

Sugar industry is the second largest industry among agro-based processing industries next to cotton & textile industry in India. It plays a crucial role in the Indian economy. It is important not only from the point of view of in actual output and investment but also from the point of view of its utility for the consumers of sugar, its importance to sugarcane (cane) growers, its contribution to the State exchequer and its role in providing employment opportunities. In an era of planned economic growth and development of India, sugar industry has been assigned an important role and has been accorded a place of pride in the scheme of priorities for development of industries in India in general and Haryana in particular.