Analysis and Perspectives of the Sugarcane Industry: A Key Activity for Rural Development in Morelos State

The goal is to examine the sugar industry's growth as a business influenced by a significant societal burden. To comprehend its current condition and anticipate its future as a commercial choice for tropical areas of the world, and specifically for the state of Morelos, it is necessary to examine its history and progress. The sugarcane sector is a major contributor to Mexico's economy, particularly in the state of Morelos. As a result, it is an important component in the development of families, the state, and the rural environment. The current study examines this perspective from a normative and organisational standpoint, as well as the evolution of the industry and its outcomes during the second decade of the twentieth century. This paper is based on a review of books and articles in order to identify the major historical events that established this economic area, as well as a revision of the primary rules and norms that govern it and position it as the most important from an economic and social standpoint. Following that, we examine its organisational conformation as a dynamic identity that influences and explains its operation. We conducted 50 interviews with important participants in the sugar cane sector at the state level for this reason. Finally, utilising statistics and future estimates developed by national and international economic authorities, we examine market and sector prospects. We believe that the sugarcane business needs to diversify its products so that it can participate in marketplaces that cater to this type of food's consumption needs. Furthermore, significant investment is required in order to meet the market's productivity and quality requirements. These funds should come from sales proceeds and should allow the company to take advantage of the regulatory and organisational advantages that come with its status as a strategic industry.

Author(s) Details:

Fernando Romero Torres,
Faculty of Accounting, Administration and Informatics of the UAEM, Mexico.


Augusto Renato Pérez Mayo,
Faculty of Accounting, Administration and Informatics of the UAEM, Mexico.

Ricardo Orosco Mark,
Mesoamerican University Campus, Morelos, Mexico.

Please see the link here: https://stm.bookpi.org/NIEBM-V6/article/view/6197