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Essential to export 8 mt sugar next year: Triveni Engineering MD and V-C

Tarun Sawhney, MD & vice-chairman of Triveni Engineering, a leading sugar producer with growing emphasis on biofuels, tells S Dinakar sugar prices will be stable and on a slightly upward trajectory

Tarun Sawhney, MD & vice-chairman of Triveni Engineering
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Tarun Sawhney, MD & vice-chairman of Triveni Engineering

S Dinakar
This is turning out to be a good monsoon for sugar producing areas, which have seen a 4 per cent increase in acreage. Tarun Sawhney, MD & vice-chairman of Triveni Engineering, a leading sugar producer with growing emphasis on biofuels, tells S Dinakar sugar prices will be stable and on a slightly upward trajectory. Edited excerpts:

You just announced your quarterly results and your board has approved expansi­on plans. How will these plans take Triveni forward as India rebounds from Covid?

Across our business sectors we are out of Covid. The board approved a capex (capital expenditure) of Rs 460 crore for