Sri Sai Basava Sugars Ltd. will invest ₹85 Crores to enhance its Integrated Distillery and Sugarcane Plant Project at Malaghan, Vijayapura. In this ambitious enterprise, a sophisticated distillery produces 60,000 Kilo liters of alcohol each day and a sugarcane mill processes 3,500 Tonnes Cane every Crushing Day.
This project increases sugarcane value. Sri Sai Basava Sugars Ltd. wants to improve livelihoods and economic well-being by selling sugarcane farmers' crops for alcohol manufacture. Farmers and agricultural ecology benefit from this innovative strategy.
The initiative boosts state alcohol production to meet demand. Increased manufacturing capacity will promote alcohol-based firms and the economy.
The Integrated Distillery and Sugarcane Plant Project may create jobs and enhance the economy. It will boost Malaghan and Vijayapura economies by producing construction and operating jobs.
The initiative can boost regional economic growth by stimulating new investments and agricultural-industrial connections. Increased economic activity, infrastructure, and an industrial environment will make Malaghan and Vijayapura Karnataka agricultural and industrial innovation hubs.
News by Rahul Yelligetti