| |
ISEC was appointed by the Central Government as the Export Agency under The Sugar Export Promotion Act
1958, w.e.f. 1st January 1970. ISEC has been undertaking exports on
behalf of the sugar industry. It has been making constant endeavours
to help the factories to improve quality of sugar to match international
standards.
The Sugar Export Promotion Act was repealed in 1997 and exports were placed
under OGL. However ISEC continued to be the largest exporter of sugar from India.
ISEC is a member of The Refined Sugar Association, London, The Sugar Association
of London, World Sugar Research Organisation, London and World Association of Beet &
Cane Growers, France.
ISEC exported 410,000 mt. of sugar in 2002-03 or about one fourth of total exports
from India. ISEC imported 329,000 mt. of Raw Sugar for re-processing into white sugr
on behalf of the factories in 2004-05. Thus emerging as the largest importer. In 2006-07
ISEC exported , 354,000 mt. of sugar, retaining its position as the largest exporter of
sugar from India.
In 2007-08, it embarked upon large scale export of raw sugar, giving technical assistance
to the mills. It exported a total of about 900,000 mt. of sugar in 2007-08, out of which
about 700,000 mt. was Raw Sugar.
