Chennai: Murugappa Group-owned sugar manufacturer EID Parry is looking to grow revenue from branded FMCG and biofuel segments as climate vagaries and regulatory uncertainty plague the sugar sector, Muthu Murugappan, CEO and whole-time director, EID Parry told TOI in an interaction. “We are getting more agile to work around sectoral pressures, and in coming years, capital allocation will go into biofuels and consumer segments, to grow non-sugar revenue significantly,” the fifth-generation…
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Eid Parry: EID Parry: Expanding Revenue from Biofuel & Food Business Amidst Sugar Sector Challenges | Chennai News
