Millions of farmers thrive as sugarcane sector supports ancillary industries
Davangere Sugar Company Ltd. (DSCL) announces the expansion of its distillery with a new 45 KLPD grain-based unit costing Rs.54.00 crores. The expansion will allow year-round operations, benefiting local farmers and creating jobs. DSCL aims to cultivate an additional 15,000 acres of sugarcane, promoting sustainable practices and supporting farmers with financial assistance. Additionally, DSCL will commission a 35 TPD CO2 processing plant to reduce emissions and generate revenue.
Sugar production in India plays a crucial role in the country’s agricultural and industrial landscape. As one of the world’s largest producers and consumers of sugar, India’s sugar industry significantly contributes to the national economy. The sugarcane sector provides livelihood to millions of farmers and supports numerous ancillary industries. Sugar production is predominantly concentrated in states like Uttar Pradesh, Maharashtra, Karnataka, and Tamil Nadu, where favorable climatic conditions and irrigation facilities prevail. Over the years, the industry has seen advancements in cultivation practices, milling technologies, and by-product utilization, including ethanol and power generation from bagasse.
However, it also faces challenges such as fluctuating prices, water scarcity, and the need for sustainable farming practices. The government’s policies, including fair and remunerative price (FRP) for sugarcane and initiatives for ethanol blending, aim to stabilize and promote growth in this vital sector.
Davangere Sugar Company Ltd. , a leading player in Sugar, Sustainable Power and Ethanol Solutions, proudly announces the expansion of its distillery and operations .Additional capacity expansion of Grain distillery by 45 KLPDBy adding another 45 KLPD grain-based unit at a cost of project of Rs.54.00 crores. The financial tie-up with banks is completed and about Rs. 2.00 crores is invested in civil works. Negotiations completed with machinery suppliers. It is marking a significant milestone for the company and the local agricultural community. Its intention to expand the distillery will allow the company to now operate independently for 330 days of the year, ensuring a steady and robust production cycle.
“We are thrilled to deepen and further strengthen our collaboration with local farmers,” said Mr. Ganesh, MD of DSCL. “Their quality crops are the cornerstone to produce ethanol, and this expansion allows us to create more jobs, boost local income, and maintain our high standards year round. “The expansion not only enhances the distillery’s production capabilities but also offers farmers a reliable market for their produce. This mutually beneficial relationship promises to enhance the region’s agricultural landscape, providing stability and growth opportunities for all involved.
Target of achieving additional Sugar Cane growing area by 15,000 acres:
DSCL is committed to not just cultivating sugarcane, but to revolutionize its growth and practices. One of our key initiatives involves promoting and developing sugarcane crops up to 15000 acres in existing cane cultivation areas and regions traditionally not associated with cane cultivation. By expanding into this non-cane growing areas and ensuring sufficient raw material for the company, we not only secure a sustainable raw material supply for our company but also usher in a wave of socio economic benefits for local farmers.
The company further added, “Our primary aim is to provide farmers in these regions with assured and timely returns on their produce. We understand the challenges they face and strive to alleviate them through various means, including financial assistance and loans. These resources are designed to empower farmers, enabling them to invest in modem agricultural practices, procure quality seeds, and access essential equipment.
ln essence, our vision for sugarcane cultivation goes beyond profitability; it’s about fostering inclusive growth, empowering communities, and pioneering sustainable agricultural practices. With DSCL leading the way, sugarcane cultivation in non-traditional areas will not only become a viable option but abo a catalyst for rural development and economic transformation.
Commissioning of 35 TPD capacity CO2 Processing Plant
In a significant move towards environmental sustainability and business growth, DSCL is proud to further announce the establishment of a state-of-the-art 35-ton Carbon Dioxide (CO2) processing plant. This facility is designed to drastically reduce environmental emissions and create additional revenue streams for the company.
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