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Balrampur Chini expects good growth on the back of higher cane crushing, ethanol production this fiscal

Source The Hindu Businessline

Posted on July 21, 2023

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Balrampur Chini Mills (BCML), which is betting big on digitisation and automation to increase efficiency leading to “safer and more profitable operations”, is expecting a good growth in turnover on the back of higher cane crushing and ethanol production this year. The company, which had crushed 93.66 lakh tonnes of cane in 2022-23, is expecting around 10 per cent increase in crushing this season.

Kolkata-headquartered BCML is looking to invest close to ₹1,000 crore this fiscal on expanding its unit at Kumbhi in Bihar to scale up capacity to 10,000 tonnes of cane per day (TCD) from the current 8,000 TCD.

Source Link:https://www.thehindubusinessline.com/economy/agri-business/balrampur-chini-expects-good-growth-on-the-back-of-higher-cane-crushing-ethanol-production-this-fiscal/article67101539.ece