"The expansion and upgradation is part of our vision to make the sugar business more robust and thereby providing full integration on molasses. We expect that this expansion will further strengthen the return profile of the sugar business," Ajay S Shriram, Chairman & Sr MD and Vikram S Shriram, Vice Chairman & MD, said.
DCM Shriram, which is engaged in sugar, fertiliser, seed, cement and chlor-vinyl businesses among other, has a group turnover of Rs 7,771 crore.
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