One of the top sugar producers NSL Sugars Limited, on Friday said it aims to achieve 50 lakh tonne of cane crush in upcoming years from its five units. In the last season, the company did 41 lakh tonne of cane crush. To work in this direction, NSL Sugars has signed an agreement with UPL Sustainable Agriculture Solutions (UPL SAS) to enhance sugarcane farmers yield.
The memorandum of understanding (MoU) would benefit about 50,000 farmers from Telangana, Karnataka, and Maharashtra.
The primary objective of this partnership is to achieve a minimum of 15 per cent increase in yield to over 5 tonnes per acre, which will help farmers earn an additional income of Rs 12,000-15,000 per acre.
Additionally, the partnership is focused on lowering input expenses for farmers while concurrently advocating for sustainable agricultural methods.
This joint endeavor anticipates conserving approximately 6 lakh liters of water and 50 kg of urea per acre. This conservation effort not only promotes eco-friendly agricultural practices but also diminishes the environmental footprint, as highlighted by the company.
UPL SAS and NSL Sugars intend to execute their strategies in a phased approach over the next three years.
According to the news report published in Bizz Buzz newspaper, NSL Sugars is also looking at producing 900 KL ethanol over next two years, the current being 330 KL.
Govinda Rajulu Chintala, Chairman, NSL Group said, “By implementing environment friendly methods, we aim to maximize cane production per acre. This partnership will ensure sufficient cane availability to sugar mills, supporting the industry’s needs and stabilizing the supply chain.”
