International Journal of Commerce and Management Research

International Journal of Commerce and Management Research


International Journal of Commerce and Management Research
International Journal of Commerce and Management Research
Vol. 2, Issue 12 (2016)

A study of cost benefit analysis of by-products manufactured by select sugar industries in Maharashtra


Dilip P Shinde, Mohan G Rajput

Sugar industry produces certain by products. The important by products are molasses, bagasse, which is used for production of chemicals and alcohol. Bagasse is utilized as a fuel in the boilers and also used as a raw material in the paper industry, press mud also mixed with another residual output of the distillery viz. spent wash and used as biomanure. A sugar mill can thus have multiple streams of revenue. Maharashtra sugar industries are one of the most notable and large scale sugar manufacturing sector in the country. Maharashtra sugar industry has been contributing nearly 40% of India’s, total sugar production. The pace of growth of sugar manufacturing has been massive over the past few years. The latest sugar statistics of sugar production in Maharashtra indicates that state is doing better than the other states in the country. The sugar industry in Maharashtra is highly popular in the co-operative sector, as farmers own a portion in the sugar factories. Co-operative sugar factories are backbone of the sugar industry of Maharashtra. These sugar industries had been a spectacular growth owing to the different conductive in the state. Sugarcane is one of the chief crops manufactured in Maharashtra so that most of sugar industries been setup over the years in the state.
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How to cite this article:
Dilip P Shinde, Mohan G Rajput. A study of cost benefit analysis of by-products manufactured by select sugar industries in Maharashtra. International Journal of Commerce and Management Research, Volume 2, Issue 12, 2016, Pages 92-98
International Journal of Commerce and Management Research