KPR Mill is setting up Ethanol plant at its sugar factory in Karnataka with a capacity of 90 KLPD. The project cost is Rs 120 crore. Production is expected to commence from next season.
This will increase the value addition and reduce the volatility in the sugar business. The Bank finance towards the Project is eligible for 50% interest subsidy announced recently by the Central Government.
KPR Mill is a garment exporter, as well as a vertically integrated apparel company. It is engaged in manufacturing and marketing readymade knitted garments, knitted fabrics and cotton yarn.
