The Indian Sugar Industry is evolving at a very fast pace and is one of the world’s largest consumer and exporter of sugar. Not only is India leading in the sugar product, it is also playing an important part in the bio-energy initiatives and has committed itself to fulfilling the country’s mission to a Net-Zero Future. With these developments, the Government of India which is a member of the International Sugar Organisation, the Indian Sugar Mills Association (ISMA) and the International Sugar Organisation (ISO) have collaborated to conduct the 1st Edition of ‘The India Sugar & Bio-Energy Conference’, 2023. This 1st edition of the conference is being held in the capital city of India, New Delhi from the 21st to the 22nd of September, 2023.
The Indian sugar industry is on the cusp of a mega transformation and the government’s initiative to tie this sector with the need for clean energy is driving a structural change in it. The conference will be the center-stage to discuss how India is balancing its sugar consumption, ethanol production and sugar exports.
Along with India, Brazil and Thailand have had a remarkable impact on worldwide sugar market’s supply demand balance as well as the trading price level of the commodity. At the conference, we will explore the dynamics of global sugar market, considering factors that influence their supply and demand as well as the future of sugar in the world.
How should the stakeholder manage the discrepancies between the supply and demand of sugar that may lead to price volatility? How has this been affecting both the suppliers and consumers? Will the global leaders change the future of bio-fuels obtained from sugar for the world? How does the future of sugar trade look in times of declining production?