The city-based sugar major, which operates ten sugar factories in Uttar Pradesh with an aggregate sugarcane crushing capacity exceeding 80,000 TCD, remains open to acquisitions for inorganic growth while maintaining organic growth in its existing mills.
It is estimated that the sugar production in the state will go down by 17 lakh metric tonnes from 105 lakh metric tonnes last year to 88.58 lakh metric tonnes in the coming season.
Punjab Chief Minister Bhagwant Mann held a meeting with farmers at the Punjab Bhavan on Thursday, where he listed out the key measures being taken by the state government for their welfare.