Indian sugar industry: unpredictable risks and risk mitigation alternatives

The objectives of this project are: (1) to carry out an analysis of price trend in sugar across states in India; (2) to analyze the systematic and unsystematic risk in sugar prices in India linking it with the global context; (4) to analyse the risks which are unpredictable (unsystematic risk) in sugar industry followed by an analysis of the trend movement in such risks in India and in global context; (5) to analyse the factors behind such unsystematic risks in case of sugarcane in India; (6) to explore what are the policy linkages between the unsystematic risks and the existing policies in the sugarcane sector of India; (7) to analyse what are the stakeholders concerns regarding these risks in India; (8) to analyse how these risks are going to be impacted in the backdrop of a mandatory 5% molasses based ethanol blending (and other percentage of blending like less than 5% or more than 5%) in India from April 2008 onwards;