Current Date: 09 Jul, 2024

Onkar Sakhar Karkhana Announces ₹314 Crore Expand in Maharashtra

Onkar Sakhar Karkhana Limited, a prominent player in the sugar industry, is embarking on an ambitious expansion project at Chandapuri, Solapur, Maharashtra. With an investment of 314 Crores, the company aims to significantly enhance its production capacity and efficiency. The expansion includes boosting the sugar production to a commendable 3500 tonnes crushed per crushing day (tccpd), a testament to the company's commitment to meeting the growing demand for sugar.

Moreover, the project incorporates the production of alcohol, adding another dimension to Onkar Sakhar Karkhana's operations. With a capacity to produce 150 kiloliters of alcohol per day, the company is poised to tap into new revenue streams and diversify its product portfolio. This strategic move not only aligns with market trends but also showcases the company's forward-thinking approach to business expansion.

The location of the project in Solapur, Maharashtra, holds significance due to its favorable agro-climatic conditions and proximity to sugarcane cultivation areas. By leveraging these advantages, Onkar Sakhar Karkhana aims to optimize its supply chain and ensure a steady inflow of raw materials, thereby enhancing operational efficiency and cost-effectiveness.

News by Rahul Yelligetti

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Source : Projxnews