In a bid to contribute significantly to Uttar Pradesh's goal of becoming a one trillion dollar economy, the state government is focusing on enhancing the contribution of the sugarcane and sugar industry.
The government has set a target to increase the industry's Gross Value Output (GVO) to over Rs 1.62 lakh crore by the financial year 2027-28, up from the current Rs 1.32 lakh crore. The plan also aims to achieve an annual growth rate of 7 per cent in sugarcane production and 10 per cent in jaggery production.
According to the sugar industry and sugarcane development department, the GVO in 2023-24 exceeded Rs 1.24 lakh crore, which increased to over Rs 1.32 lakh crore in 2024-25. Now, efforts will be aligned with the target set for 2027-28.
A detailed action plan has been prepared for 2025-26, which includes increasing sugar mill recovery rates from 9.56 per cent to 10.50 per cent, timely sale of 91.54 lakh quintals of stored sugar to avoid losses, increasing storage capacity by four lakh quintals, and outsourcing employee recruitment by May 15, 2025. The government is also working towards reducing its current. Financial assistance of Rs 1200 crore to the industry.