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News


India to lead global sugar sector as chair of International Sugar Organisation
Date: 25 Nov 2023
Source: Economic Times
Reporter:
News ID: 57169
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              According to a press release by the Ministry of Consumer Affairs, Food and Public Distribution, this announcement came during the 63rd council meeting of the ISO held in London, signifying India's ascendancy in the global sugar sector. Sanjeev Chopra, Secretary (Food), Government of India, expressed India's commitment to spearheading sustainable practices in sugarcane cultivation, sugar and ethanol production and maximizing the utilization of by-products.

 
   
 
 
New Delhi: India, the largest consumer and second-largest producer of sugar globally, has achieved a remarkable feat by being named the Chair of the International Sugar Organisation (ISO) for the year 2024.
 
According to a press release by the Ministry of Consumer Affairs, Food and Public Distribution, this announcement came during the 63rd council meeting of the ISO held in London, signifying India's ascendancy in the global sugar sector.
 
Sanjeev Chopra, Secretary (Food), Government of India, expressed India's commitment to spearheading sustainable practices in sugarcane cultivation, sugar and ethanol production and maximizing the utilization of by-products.
 
With a substantial 15 per cent share in global sugar consumption and contributing 20 per cent to global sugar production, India's influence on global sugar trends is undeniable, said the press release.
 
The country's status as the largest consumer and the second-largest producer makes it an ideal candidate to lead the apex international body for sugar-related products, the International Sugar Organisation, which boasts a membership of around 90 countries.
 
While Brazil holds the sway in the Western Hemisphere, India, standing as the market leader in the Eastern Hemisphere, plays a pivotal role in shaping the global sugar market.
 
 
  

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