@varinder_bansal EV and PV (Photovoltaic) will cut short the ethanol ramp up. Renuka will end up like their Brazillian misadventure. Disclaimer - Was stuck in Renuka for years and had written off the investments. Good to see green pasture holding with SL
More from Sugar
A thread I had done in sugar industry last year. A few things could have changed. But, I think there are huge challenges to the E20 story. Do we have underlying dynamics in place. Do read how much time it took for Brazil.
Disc: Invested in sugar only as tactical play.
Disc: Invested in sugar only as tactical play.
Sugar Industry Insights (Feb 25, 2020)
— Jiten Parmar (@jitenkparmar) February 25, 2020
Last few years sugar industry has been a beneficiary of government largesse. Sugar cycle turned in 2015. Post that there has been surplus production.