A delegation of the Indian Sugar & Bio-energy Manufacturers Association (ISMA) met Union Home Minister and Minister of Cooperation, Amit Shah, to convey the industry’s appreciation for the government’s continued guidance and support to India’s sugar and bioenergy sector.
The delegation comprised Niraj Shirgaokar, President, ISMA; Gautam Goel, Immediate Past President, ISMA; Deepak Ballani, Director General, ISMA; along with industry leaders Samir Somaiya and Aditya Jhunjhunwala.
During the interaction, the ISMA delegation underscored the key role played by the sugar and bioenergy sector in supporting nearly 5.5 crore sugarcane farmers and their families across the country. They highlighted how the sector contributes significantly to strengthening rural livelihoods, promoting inclusive growth, and advancing India’s transition towards a green and circular economy.
Discussions also focused on the future roadmap for the industry, particularly on aligning its efforts with Prime Minister Narendra Modi’s vision of achieving energy self-reliance. The delegation emphasised the importance of the ethanol blending programme and other sustainable initiatives in reducing dependence on fossil fuels, enhancing farmers’ incomes, and improving environmental outcomes.
In addition, the ISMA delegation expressed gratitude to Union Minister Pralhad Joshi, Minister of Consumer Affairs, Food and Public Distribution and New & Renewable Energy, for his leadership and guidance in supporting the sugar and bioenergy ecosystem.
The ISMA gathered on Thursday for its Annual General Meeting (AGM). According to a press release from ISMA, the organisation promised to work closely with the Government of India and other partners. Their main goal is to strengthen the sugar and bioenergy business and position it for the long term.
A major issue discussed was sugar pricing. ISMA noted that sugar prices have declined recently. The current price is below the cost of producing sugar. As a result, the association said it is critical to raise the Minimum Selling Price (MSP) quickly. A higher price will help sugar mills remain financially stable. It will also ensure that farmers are paid on time and do not have to wait for their payments.
