During FY 23, we focussed strategically on seizing the unfolding opportunities to make targeted investments across our business segments. These investments are designed to steer our growth today and for the future.
Leverage the untapped potential of our fertile catchment areas to boost our yields and recovery to provide higher and better-quality sugarcane
Export at the right time to maximise realisations
Harness the demand for refined and pharmaceutical sugar to garner a bigger share of revenue in this segment
Modernisation, debottlenecking at various sugar facilities leading to cost optimisation and improving sugarcane crushing efficiency
Expansion of the sugarcane development programme
Process conversion at Deoband to DRP (Refined), increase in pharmaceutical sugar capacity at Sabitgarh
Government promotion of production and blending of fuel ethanol with petrol, along with supportive pricing
Government target of 20% blending under Ethanol Blended Petrol (EBP) Programme by 2025 or EBP20
New Government guidelines for producing ethanol from sugarcane-based and grain-based feedstocks, to help distilleries identify the quantity of ethanol produced from different routes
Expansion of distillation capacities from 320 KLPD to 660 KLPD
Modern & efficient technology
Optimisation of product mix while focussing on the bottom-line
Robust economic growth and growing industrial CapEx in sectors like sugar, distillery, oil & gas, cement, steel
Defence push by Government through ‘Make in India’ and ‘Atmanirbhar Bharat’ campaigns
Enhance total addressable market
Leverage the global demand opportunity to boost overseas presence
Ongoing expansion of Power Transmission business at an aggregate cost of ₹ 180 crore which includes setting up a new multi-modal facility, dedicated to Defence products
New bay proposed to be set up along with a large grinder, hobber and other supporting machines & equipment for Power Transmission and Defence products etc. to enhance the capacity from ₹ 250 crore to ₹ 400 crore
Growing focus by governments globally on water resource efficiency
Indian Government policies on utilisation of tertiary treated water from sewage / effluent treatment plants
Scope for participation in international projects, where we are well-equipped to identify and respond to the emerging opportunities in a timely and agile manner
Advanced technologies and technological partnerships
Expanding international footprint
Exploring new opportunities in the domestic market
Participation in HAM/PPP opportunities
Strengthening Operations & Maintenance (O&M) support to clients
