Indian Sugar Mills Affiliation, the trade physique of personal sugar mills, has adopted a brand new title, Indian Sugar and Bio-energy Producers Affiliation, however will proceed to make use of the quick type ISMA.
Asserting the change in a press release on Thursday, ISMA additionally notified that Mandava Prabhakar Rao would be the new president of the affiliation on completion of Aditya Jhunjhunwala’s tenure. Dhampur Sugar’s Gautam Goel is the brand new vp, ISMA stated.
Rao, hailing from an agricultural household in Guntur district of Andhra Pradesh, is named a pacesetter of the home seeds trade. As head of Nuziveedu Seeds and president of the Nationwide Seed Affiliation of India, he fought an extended authorized battle with world seed firms that led to the federal government lastly capping the Bt cotton seed value for the primary time in 2016 to manage the trait or royalty price charged by MNCs just like the then Monsanto. Rao is the chairman of NSL group, which is into seeds, textiles, sugar, infrastructure and renewable energy.
“Rao has made a number of contributions within the improvement of cotton, sugarcane, rice, corn and vegetable seeds which have laid the muse for a brand new period of collaboration and partnerships between Indian and world MNCs, resulting in trade progress and enchancment of profitability to farmers,” ISMA stated.
NSL Sugars has 5 items in Karnataka, Maharashtra and Telangana, with a mixed capability of 40,000 tonnes crushed cane per day, co-generation of 150 MW energy, and distilleries of 500 KLPD capability.
Goel, who was ISMA president in 2012, is now vp and should succeed Rao after two years. He’s the managing director of Dhampur Bio Organics (DBO), which was demerged from Dhampur Sugar Mills in April 2021. DBO owns and operates three sugar manufacturing items in Uttar Pradesh with a mixed capability of about 30,000 TCD. It additionally has a distillery with over 300 KLPD capability and generates about 90 MW of renewable energy.
On the latest annual normal assembly of ISMA, Meals Secretary Sanjeev Chopra highlighted the essential position of the sugar trade in India’s vitality transition and rural economic system, and emphasised the necessity for sustainable practices and technological developments to navigate the ever-evolving panorama.
On the re-branding by incorporating bio-energy within the title, ISMA termed it a forward-thinking initiative. “ISMA recognises the evolving panorama of the sugar trade and goals to proactively deal with the growing significance of bio-energy within the nation’s vitality transition. With this transformation, it should work to boost sugarcane yield and space in a sustainable solution to meet the elevated demand for sugar, ethanol and different by-products to finally profit all stakeholders, the farmers, shoppers and the trade,” the assertion stated.
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