Application of Porters Five Force Model on Selected Sugar Industries of India
Asian Resonance(P: ISSN No. 0976-8602 RNI No.UPENG/2012/426228
VOL.-III, ISSUE-IV, October-2014 E: ISSN No. 2349-9443)
Abstract
Anisha Satsangi
Assistant Professor, Deptt. of Applied Business Economics, DEI Deemed University, Dayalbagh, Agra.
Sugar production in India has been cyclical in nature. An
estimated 75 per cent of the population depends on the sector either
directly or indirectly. The Uttar Pradesh sugar industry has a bright future
as one of the prospective players in the global sugar market. The
demand for sugar across the world has been growing exponentially. The
Uttar Pradesh sugar industry with its capacity can cater to this
international demand. The advantages of the Uttar Pradesh sugar
industry are that the cost of production is quite low and the climatic
conditions and the conditions of the soil are favourable to the sugarcane
production. The region of India where the state of Uttar Pradesh lies is
one of the most fertile lands in India called the 'doab'. This is an
extremely fertile belt of lands between the rivers Ganges and Jamuna.
To boost the production of the Uttar Pradesh sugar industry, the
government of Uttar Pradesh is likely to set up a research and
development unit which would develop better sugarcane plants to have
better yield and diseases-resistant crops to ensure that the industry has
a sustainable growth. There are broad areas of public intervention that
regulate the sugar market in India.
1. both the Central and the State Governments set a price support for
sugar cane.
2. sugar quantities to be sold in the market also impose on the sugar
factories a so-called sugar levy, by which they are required to sell at
below market price to the public distribution canters.
In this paper the focus will be on the impact of Porters five force
model on Shree Renuka Sugars ltd. SRSL west coast of India, near the
port of Kandla, Bajaj Hindustan Ltd. BHL, Chitrakoot district in Uttar
Pradesh, EID Parry India Ltd. EID Ramanathapuram district, Balrampur
Chini Mills Ltd. BCML.
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