What Renuka Sugars Learnt From Brazil Forbes India While the sugar content in indian cane is 9.5 to 11.5 percent, in brazilian cane it is 14 percent. indian cane has to be planted afresh every two years, in brazil it is six to eight years. the. As many as 65,000 small farmers supply cane to renuka's seven indian mills. also, brazil doesn't encumber exports as india does when there's a whiff of scarcity and thus leads the world in sugar.
What Renuka Sugars Learnt From Brazil Forbes India Between november 2009 and july 2010, shree renuka bought out two sugar companies—vale do ivai sa acucar e alcool and equipav—in brazil for a combined $332 million. back then, the two companies. The 15 year old company, which has 11 sugar mills, including 4 in brazil and two refineries, had hit a sweet spot to become india’s most valuable sugar firm with a market cap of close to $1. In the 2015 financial year, the company had a total debt of rs 9,160 crore ($1.4 billion), according to india ratings. india brazil trade shree renuka isn’t the only one to bet on brazil’s. Renuka is one of the largest exporter of refined sugar from india. over 1.38 mn mt of raw sugar is handled at our state of art refineries. upon refining, the pristine white refined sugar is further exported to the international markets like the middle east, north and eastern africa, etc.
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