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Profitability of sugar, fertiliser, dairy sectors to remain stable in FY22: ICRA

 Profitability of sugar, fertiliser, dairy sectors to remain stable in FY22: ICRA

New Delhi, Jan 2 (GW) The rating agency ICRA recently said that profitability of sugar, fertiliser and dairy sectors will remain stable in FY22. Sabyasachi Majumdar, Senior Vice President & Group Head, ICRA said that the sugar industry ended SY2021 with a production of 31.2 million metric tonnes of sugar, exports of 7.1 million metric tonnes and a closing stock of 8.3 million metric tonnes equivalent to 3.7 months of sugar consumption/ GW/SNG

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