#Sugar is one of the basic necessities found in every kitchen and has a large consumer base. It is derived from two distinct raw materials: sugar cane and sugar beet. Sugar cane is used as a raw material in the majority of sugar production in India. The global market for industrially produced sugar was valued at 37.62 billion US dollars in 2021, with the potential to grow to 46.56 billion US dollars at a compound annual growth rate (#CAGR) of 2.72 percent.
Present scenarios of the industry indicate that India is the 2nd largest producer of sugar with 26,605,000 twenty-six million six hundred five thousand mmt across the globe. Where as in India utter Pradesh emerged as the highest producer of sugar in India followed by the Maharashtra, tamilnadu and Karnataka.

The market potential of the industry or why is it a great choice ?

According to the Sugar and #SugarCane Policy on the Ministry of Consumer Affairs, #Food and #Public Distribution's official website, India has 732 installed sugar factories. These units have the capacity to produce approximately 339 lakh MT of sugar. This demonstrates the vast scope of India's sugar manufacturing industry.

The process followed in sugar manufacturing business-

• Harvesting
• Washing and initial preparation
• Juice extraction
• Purification of juice
• Crystallisation
• Centrifugation
• Drying and packaging

The owner must consider the financial breakdown of the establishment when establishing a Sugar #Manufacturing #Business. The expenses are divided into two categories: fixed capital expenses and working capital investments.

The fixed capital expenses-

• Expense of land
• Setup cost
• Cost of manufacturing plant
• Procuring machinery
• Licensing
• Registration
• Permissions

Working Capital Investments

• Salaries
• Transportation
• Scrap cost
• Utility expenses such as electricity and water
• Logistics expenses
• Spares and consumables

The important machines that are required for the Sugar Manufacturing Business are: –

• Knives
• Boilers
• Washers
• Shredders
• Tanks
• Mills tandem
• Decanters
• Vacuum filters
• Vacuum evaporators
• Heat exchangers
• Vacuum pans
• Crystallizers
• Fermentation tanks
• Centrifuges
• Pumps
• Column still
• Electricity generators
• Molasses tanks
• Driers
• Fork lifters
• Alcohol tanks

Environmental compliances

• #CTE (Consent to Establish) is acquired by the owner of the sugar manufacturing business before the unit is established under the Air and Water (Prevention and Control of Pollution) Acts.
• #CTO (Consent to Operate) is acquired by the owner after the business is established and is ready to start manufacturing under the Air and Water (Prevention and Control of Pollution) Acts.

Mandatory licenses for setting up of a business
• Company license
• #FSSAI food business license
• #Udyam MSME registration
• #Factory license acquired by the sugar manufacturing business
• Import export code registration for India
• #GST certificate
• Fire NOC
• Trade license needed by the sugar manufacturing business

Sugar manufacturing has always been a profitable business in India. This is especially true given the rising demand for sugar and products containing sugar as the primary ingredient. Furthermore, in order to maintain revenue flow, the government offers numerous incentives for small-scale business growth. This is accomplished by adhering to the manufacturer's requirement to obtain various environmental licenses and authorizations.

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