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Dwarikesh Sugar expansion plan

Our Bureau

MUMBAI: Dwarikesh Sugar Industries has announced a Rs 110-crore expansion plan to set up a 5,500 tonnes crushed sugar per day greenfield project at Bahadarpur in Bijnor district, Uttar Pradesh.

The project, which is expected to be commissioned by November 2005, will entail the full benefits of sugarcane cycle for FY06, the company said in a news release.

"The Greenfield project is in line with our company's growth strategy to become a large integrated sugar conglomerate with interests in synergistic businesses," the release said quoting Mr G.R. Morarka, Chairman and Managing Director, Dwarikesh Sugar Industries.

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