NFCSF, ISMA DEMAND 150% IMPORT DUTY

Article Abstract:

National Federation of Cooperative Sugar Factories Limited (NFCSF) and Indian Sugar Mills Association (ISMA) have asked the government of India to raise the import duty on sugar to 150 percent to protect the domestic industry. The sugar industry is faced with surplus capacity, free imports and low sugar prices. About 450 sugar manufacturing units are under loss. About 950,000 tonnes of sugar have been imported with a foreign exchange outgo of Rs1,300 crore. Sugar imports are likely to affect 4.5 crore sugarcane farmers. The associations have also expressed disappointment on the delay in implementing the Mahajan Committee Report. (rk)

Imports

---

SAMPRE NUTRITIONS TO GET A BITE FROM CADBURY'S PIE

Article Abstract:

Sampre Nutritions Ltd (SNL) of the Gurbani Group of Hyderabad is likely to get more contracts from Cadbury India Ltd for producing sugar boiled confectioneries. The company has an exclusive contract with Cadbury for the last 4 years to produce 3000 tonnes per annum of orange, lemon and mint candies. SNL has set up a plant at a cost of Rs4 crore to manufacture sugar boiled confectioneries and expects to get more business from Cadbury. (khr)

Comment:

Sampre Nutritions Ltd (SNL) of the Gurbani Group of Hyderabad is likely to get more contracts from Cadbury India Ltd for producing sugar boiled confectioneries.

Use of services, Contracts & orders received, Cadbury India Ltd., Sampre Nutritions Ltd., Gurbani Group

---

Similar abstracts:

• Abstracts: ORISSA GIVEN Rs80 Cr FOR HIGHWAY WORKS NH2 UPGRADATION MAY GET WORLD BANK FUNDS
• Abstracts: CHOLAMANDALAM MAINTAINS 45% DIVIDEND DESPITE TOUGH YEAR ALPIC FINANCE FD. MF SECTOR SALES RISE 50% IN Q2
• Abstracts: DTAB CLEARS EXPORT OF NEW MOLECULES, STRINGS ATTACHED. RANBAXY TO GO FOR MOLECULE LICENSING AFTER PHASE I TRIALS
• Abstracts: AUTO ADS GO ON AN INDIAN SAFARI INDIAN SHOE SECTOR PUTS ITS BEST FOOT FORWARD FOR QUALITATIVE EDGE
• Abstracts: INTER CONTINENTAL, SANJAY KHAN TO SET UP HEALTH RESORT NEAR BANGALORE part 2 YARDLEY'S PRECARIOUS POSITION NOT TO AFFECT SALES IN INDIA

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.