| Sugar | Manufacturing and sale of multiple sugar varieties for industrial and retail use. | Strong regional presence with diversified product portfolio and farmer relationships. | Food, pharmaceutical companies, retail consumers, hospitality sector. | Specialty and branded sugar products with higher volumes and margin expansion. | 1288 | 70 | Sales of refined and specialty sugar products to B2B and B2C customers. | Direct sales with pricing linked to market rates and government policies. | Crop yield improvements, specialty sugar demand, increased retail and e-commerce sales. | Pharma Sugar, Specialty Sugar, Invert Sugar, Brown Sugar, Icing Sugar |
| Distillery | Production of ethanol fuel, industrial alcohol, and potash fertilizer products. | Early mover advantage with integrated production and strong government policy support. | Oil marketing companies, pharma, food industries, chemical sector (B2B). | Fuel-grade ethanol production driven by regulatory incentives. | 459 | 25 | Sale of ethanol and industrial alcohol to oil companies and industrial customers. | Contractual sales, volume based pricing linked to ethanol blending mandates. | Government ethanol blending schemes, capacity expansions, increased fuel ethanol usage. | Ethanol, Industrial Alcohol, Potash Products |
| Cogeneration | Generation and sale of renewable power from biomass co-generation units. | Sustainable energy production leveraging sugar industry by-products. | Uttar Pradesh Power Corporation Ltd, Uttarakhand Power Corporation Ltd (B2B). | Power export with high utilization of waste biomass for cost efficiency. | 98 | 5 | Sale of electricity to regional power utilities under power purchase agreements. | Fixed contracts and regulated tariffs for power export. | Renewable energy incentives and increased biomass utilization. | Biomass-based Power |
