Business Standard

UP's sugar mills to participate in raw sugar import programme

But since the refineries are situated away from the designated ports, viability may be impacted



Dilip Kumar Jha Mumbai
A couple of Uttar Pradesh-based large sugar mills are planning to participate in the raw sugar import programme to extend operations of their refineries despite risk on profit margins due to high inland transportation cost from the designated ports to the refinery.

At least two large sugar factories with their refineries in Uttar Pradesh that Business Standard spoke to, are preparing to apply for import of raw sugar which they confirmed on condition of anonymity. Simbhaoli Sugars Ltd, according to its chief financial officer Sanjay Tapriya, has not yet decided whether to take part in import of raw sugar or not.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 17 2017 | 1:05 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to