- Business
- Bajaj Hindusthan Sugar Limited manufactures sugar, ethanol, industrial alcohol, and cogenerated power from sugarcane; it operates 14 integrated sugar mills and six distilleries across Uttar Pradesh with an aggregate sugarcane crushing capacity of 136,000 tonnes per day, alcohol distillation capacity of 800 kiloliters per day, and power generation capacity exceeding 400 MW including surplus supply to the state grid; by-products include molasses, bagasse, fly ash, and press mud sold to industrial customers. The company serves households, food manufacturers, dairy processors, and biofuel markets through sugar agents and direct channels; it sources sugarcane from over 150,000 farming families across approximately 168,000 acres primarily in northern India. Founded in 1931 as Hindusthan Sugar Mills Limited by Jamnalal Bajaj and renamed Bajaj Hindusthan Sugar Limited in 1988, it maintains headquarters in Mumbai with all manufacturing plants located in Uttar Pradesh districts including Lakhimpur Kheri, Muzaffarnagar, Pilibhit, and Deoria; it belongs to the Bajaj Group and previously consolidated subsidiary Bajaj Hindusthan Sugar and Industries Limited. Recent developments encompass termination of a joint venture agreement in October 2024 with EverEnviro Resource Management Private Limited and Unique One RNG Private Limited for bio-CNG projects due to missed deadlines, despite an initial plan to acquire 15.5% stake; boards approved merger of Bajaj Hindusthan Sugar Limited and subsidiary Bajaj Hindusthan Sugar and Industries Limited; appointment of Ajay Kumar Sharma as managing director; receipt of the largest integrated sugar mills in India award at SEIA 2025; and ranking among top-10 global sugar producers per S&P Global Platts report.