Balrampur Chini Mills, one of India’s largest sugar producers, is set to invest ₹2,850 crore in establishing the country’s first facility for producing biopolymers from sugarcane. The company has signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government to advance the project, according to a company statement. This investment will create 225 new jobs in the region and marks a significant step toward promoting sustainable industrial practices. Operations at the plant are scheduled to begin this month.
Uttar Pradesh Chief Secretary Manoj Kumar Singh commented, “Uttar Pradesh continues to set the pace in sustainable industrial development. This major investment from Balrampur Chini Mills not only reinforces our commitment to green technology but also solidifies the state’s position as a top destination for investment.” The MoU was signed in Mumbai on Tuesday between Anand Vijay Kiran, CEO of Invest UP, and Avantika Saraogi, Executive Director of Balrampur Chini Mills Ltd, in the presence of Chief Secretary Manoj Kumar Singh.
Vivek Saraogi, Chairman and Managing Director of Balrampur Chini Mills Ltd, expressed optimism about the partnership with the state government, saying, “We are committed to advancing innovation in bioplastics and playing a role in building a sustainable future.”
Vijay Kiran Anand further highlighted that this project supports Chief Minister Yogi Adityanath’s vision to make Uttar Pradesh a top investment hub and contribute to the state’s goal of achieving a one-trillion-dollar economy through sustainable growth. Balrampur Chini Mills Limited is one of India’s largest integrated sugar manufacturing companies.
Headquartered in Kolkata, the company operates multiple mills primarily in Uttar Pradesh, producing sugar, ethanol, and power from bagasse. With a strong focus on diversification, Balrampur has invested significantly in ethanol production, capitalizing on India’s biofuel policies.
The company is also involved in cogeneration, producing renewable power from sugarcane by-products. Its consistent operational performance and strategic expansions have strengthened its market position. Balrampur continues to benefit from favorable government initiatives, robust demand for ethanol blending, and efficient backward integration, making it a key player in India’s sugar and bioenergy sectors.
