Bullish sugar prices and the Central government’s thrust for ethanol has led to a slow but steady revival of sugar sector in Maharashtra. With more players being interested in the sector, mills which have been closed for the last many years have started getting people who are interested in running them on rent. For the upcoming season 8 such mills will be crushing cane after banks and sugar commissioner’s office successfully negotiated their rental agreement.
Sugar commissioner Shekhar Gaikwad while speaking to The Indian Express said 6 mills have been successfully given on rent and they would crush cane for this season. Two of the mills are in Nashik, while Osmanabad, Aurangabad and Jalgaon has seen one mills being given out on rent Prior to this the Maharashtra State Cooperative Bank (MSC) had issued tenders for leasing out 12 mills of which 2 have been successfully bid. Last season the MSC bank had leased out 6 mills which would take crushing this season also.
