Delayed monsoon won’t affect sugar industry: M Manickam, Sakthi Sugars
  • WebDesk BTVI
  • Jun 28 2019

M Manickam, CMD of Sakthi Sugars, talks about the on ground situation of the sugar industry, especially in view of the monsoon. Manickam expects sugar production at 25-26 mn tn despite delayed monsoon. On Budget expectations, he says Union Budget does not hold much for sugar companies. On the company’s performance, he says current debt stands at Rs 600-700 crore and that the company is looking to reduce it.