ReferIndia News Davangere Sugar Board Approves Rs. 127.50 Crore Distillery Capacity Expansion

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Davangere Sugar Board Approves Rs. 127.50 Crore Distillery Capacity Expansion

Published on: March 31, 2026, 6:21 a.m. | Source: scanx.trade

Davangere Sugar Company Limited officially approved significant distillery capacity expansion during its March 30, 2026 board meeting. The company will add 85 KLD capacity to existing 65 KLD operations, requiring Rs. 127.50 crores investment through FCCB funding over 18 months, targeting opportunities from rising ethanol demand and supportive government policies.

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