| Sugar | Refined sugar production from sugarcane; includes payments to farmers and supply chain logistics. | Strong regional brand, integrated supply chain, and long-standing farmer relationships. | Sugar traders, food manufacturers, retailers, and end consumers in B2B and B2C markets. | Refined and branded sugar sales with higher value-add and margin potential. | 1252 | 87 | Sales of sugar to wholesale and retail markets, including exports and domestic consumers. | Market price-based sales with government policy influence on pricing and cane payment. | Increased cane crush and improved extraction ratios; government sugar policies and demand from food industry. | MAWANA Sugar |
| Power | Cogeneration of power using bagasse, supplying electricity to grid and internal operations. | Access to free raw material (bagasse) and proximity to power grid. | State electricity boards and internal company usage, B2B segment. | Co-generation units operating at low cost with biomass fuel (bagasse). | 17 | 1 | Sale of electricity to state utilities and captive consumption reducing costs. | Fixed tariffs under power purchase agreements and incentive schemes. | Greater capacity utilization driven by higher sugar output and renewable energy incentives. | |
| Distillery | Production of ethanol from B heavy molasses for industrial use and blending with petrol. | Integration with sugar operations yielding cost advantage and regulatory alignment. | Oil companies, industrial chemical users, government agencies; B2B focus. | Industrial ethanol production under assured government pricing schemes. | 173 | 12 | Supply contracts with oil marketing companies through government ethanol blending program. | Contractual supply based on government fixed prices and tenders. | Government mandated ethanol blending targets and expanding fuel ethanol demand. | |
