Sunpure, intends to invest 365 crore in growth over the following two years. Additionally, Rajasthan is being investigated for mustard production. The company is constructing a palm oil refinery and biodiesel facility in Mangalore for 250 crore, a refinery in South Maharashtra for 100 crore, and a crushing investment in Karnataka for 15 crore.
In Mangalore, the business is building a biodiesel factory, a bakery fats unit, an oleochemical facility (used to make cosmetics and lubricants), and a palm oil refining unit. Gokaran Singh Pawar, General Manager, Sales, Sunpure, stated that the 100-acre facility will be operational by March 2023.
During FY22, Sunpure’s revenue was at ₹2,700 crore, and in the current fiscal, it is expected to be over ₹3,000 crore, he said.
