A FAST GROWING GROUP
Dwarikesh Sugar Industries Limited, founded by Mr. Gautam R Morarka, is an integrated conglomerate primarily engaged in the manufacture of sugar and allied products. From a humble beginning in 1993, when we commissioned our first plant of 2500 TCD in Bijnor district of Uttar Pradesh, Dwarikesh is today a multi-faceted, fast-growing industrial group with a strong presence in diversified fields such as sugar manufacturing, power and ethanol/industrial alcohol production. It is not only making contribution in renewable energy & adding revenue therefrom as also by selling CER (carbon emission reduction) and REC (Renewable Energy Certificate) .
Our plants, with a combined capacity of 21,500 tons of sugar per day, are located in the state of Uttar Pradesh, at Dwarikesh Nagar (Najibabad), Dwarikesh Puram (Afzalgarh) both in Bijnor District and last one at Dwarikesh Dham, Tehsil Faridpur, District- Bareilly. Our associated companies and organisations have carved their distinct identities in fields as diverse as financial services, information technology and media. The flagship company, Dwarikesh Sugar Industries Limited, is headquartered at Mumbai.
Dwarikesh has many 'firsts' to its credit. Led by a team of dynamic professionals the company strives to establish itself as a market leader in the sugar industry. Dwarikesh's constant endeavour to go that 'extra mile' to contribute in making the environment eco-friendly (planting 10,000 environment friendly trees not only in the premises but also in the surrounding areas) has won it many laurels. The Company encourages an ethical environment and promotes transparency in its dealings.
Dwarikesh has been consistently coming up with impressive figures on all parameters including production, finances and stock market positions. Our crushing capacity and recovery rate are growing on a regular basis. Financially, the company has grown many times since its inception and the Dwarikesh share is performing exceptionally well in the stock markets.
DOING THINGS DIFFERENTLY
The cliché "We can because we think we can" is embedded very deeply at all levels at Dwarikesh. A dedicated congregation of professionals went about the task of setting up a plant with missionary zeal for manufacture of white crystal sugar.
DSIL first set its imprints in the village of Bundki that lies in the district of Bijnor, in the state of Uttar Pradesh. Meticulous planning and months of toil went into setting up the 2500 TCD Sugar with 6 Mw Power plant until finally, in a record time unparalleled so far, the plant was ready for commissioning. Capacity of the sugar plant was expanded to 6500 TCD gradually and power plant capacity was expanded to 17 Mw. Distillery with a capacity of 30 KLPD (Kilo Litres per day) was commissioned in the year 2005. Another 7500 TCD sugar plant of the company, at Bahadarpur (Afzalgarh) was commissioned within just 10 months.
A state of Art plant having capacity of 7500 TCD Sugar plant along with 36 Mw Power plant has been commissioned in village Bhagwanpur Phulwa, Tehsil - Faridpur, District - Bareilly (Uttar Pradesh) in December 2007. The Company has also expanded its co-generation capacity from 9 Mw to 33 Mw in its second plant called Dwarikesh Puram in December 2007. Through the course of time, venturing into an industry few dare to challenge, the DSIL team has reaped rich dividends by doing things differently and following the adage, 'abandon the familiar, and seek the outrageous'. DSIL too has had its downs due to cyclic storms that affect the sugar industry but has weathered them to emerge stronger. DSIL is now on the threshold of a new era, an era of growth coupled with consolidation and an era where it proposes to reach challenging heights.