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Thanks to duty hike, sugar mills see higher demand for molasses

Thanks to duty hike, sugar mills see higher demand for molasses
February 02, 2021
Budget’s focus on renewables and clean air will aid in ethanol production
Sugar industry stands to benefit from the Budget proposal to increase import duty on denatured ethyl alcohol to 5 per cent from the current 2.5 per cent as it would make imported ethyl alcohol costlier by ₹1 per litre at the current global prices, the Indian Sugar Mills Association (ISMA) said on Tuesday.
This, in turn, will increase the demand for domestic molasses and alcohol , the sugar industry body said responding to the budgetary proposal.
In 2019-20, India imported 50 crore litres of denatured ethyl alcohol, which is used mainly in chemical industry, according to data available with the Commerce Ministry. During April-November period of 2020-21, India imported a little over 40 crore litres of the denatured ethyl alcohol, indicating a higher demand. ....

Commerce Ministry , Indian Sugar Mills Association , During April November , வர்த்தகம் அமைச்சகம் , இந்தியன் சர்க்கரை ஆலைகள் சங்கம் , போது ஏப்ரல் நவம்பர் ,

Stepping up innovation, Sonalika Tractors to continue with product offensive strategy

Stepping up innovation, Sonalika Tractors to continue with product offensive strategy
December 27, 2020
The company shipped 12,932 tractors in the first eight months of this fiscal as against last year’s 11,308 units - Ramesh Sharma
The company shipped 12,932 tractors in the first eight months of this fiscal as against last year’s 11,308 units - Ramesh Sharma×
Aims to strengthen presence in higher HP tractor segment with new launches
International Tractors Ltd, manufacturer of Sonalika tractors, says it will continue its productive offensive strategy coupled with innovation in 2021 to maintain growth momentum and strengthen its presence in higher HP tractor segment.
“We will continue to innovate at a feverish pace and launch newer products in 2021 and beyond. Our products will be designed and customised as per farmer’s crop, soil and geography specific needs. We have already been a leading player in more than 50 HP segment and will be str ....

Raman Mittal , Sonalika Group , International Tractors Ltd , Executive Director , Tiger Electric , During April November , ராமன் மிட்டல் , சொனலிகக குழு , சர்வதேச டிராக்டர்கள் லிமிடெட் , நிர்வாகி இயக்குனர் , புலி மின்சார , போது ஏப்ரல் நவம்பர் ,

Exports dip 8.74 per cent in November; trade deficit narrows to $9.87 billion

Exports dip 8.74 per cent in November; trade deficit narrows to $9.87 billion
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

During April November , போது ஏப்ரல் நவம்பர் ,