Bajaj Hindusthan Explained

Bajaj Hindusthan Sugar Ltd
Former Name:Hindusthan Sugar Mills Limited (1931–1988)
Type:Public
Founder:Jamnalal Bajaj
Location City:Mumbai, Maharashtra
Location Country:India
Area Served:Uttar Pradesh
Key People:Kushagra Bajaj
(Chairman)
Ajay Kumar Sharma
(Managing Director)
Sunil Kumar Ojha
(Chief Financial Officer)
Kausik Adhikari (Company Secretary)
Prabhakar Chandra (Corporate Human Resources)
Syed Masood Raza (Sr. Vice President-S & M) [1]
Num Employees:7,314 (including 5,553 workers) (2024)
Revenue: (2024)[2]
Net Income: (2024)
Industry:Sugar
Products:Sugar, Ethanol, distillery and sugar byproducts

Bajaj Hindusthan Sugar Limited (BHSL) is a sugar producer in India, Asia's Number 1 and World's Number 4 integrated sugar company, it has an aggregated sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD), and alcohol distillation capacity of 800 kilo liters per day (KLD) across 14 locations in the north Indian State of Uttar Pradesh (UP). The company is a leader in the Asian and Indian sugar industry and is also one of the largest producer of green fuel ethanol in India.[3] [4] [5] [6] [7] [8] [9] It is a member of Bajaj Group. The company is headquartered in Mumbai.[10]

The site selected for the first plant was at Gola Gokarannath in district Lakhimpur Kheri in the Terai region of Uttar Pradesh (UP), an area rich in sugar cane. Another sugar plant with a cane crushing capacity of 1400 TCD was set up in 1972 at Palia Kalan, a large cane supplying centre about 70 kilometres from Gola Gokarannath.[11]

Kushagra Bajaj is the Chairman of Bajaj Hindusthan Sugar Ltd.[12] [13]

History

The company was founded as Hindusthan Sugar Mills Limited by Jamnalal Bajaj in 1931. In 1988, it was renamed Bajaj Hindusthan Sugar Limited.[14] Currently Bajaj Sugar has 16 Sugar Plant (14 Operational & 2 Non Operational) & 6 Molasses Based Distillery.1. Gola Gokarannath, Dist Lakhimpur Kheri, Uttar Pradesh (Sugar & Distillery)2. Palia kalan, Dist. Lakhimpur Kheri, Uttar Pradesh (Sugar & Distillery)3. Kinauni, Dist. Meerut, Uttar Pradesh (Sugar & Distillery)4. Khanbharkhera, Dist. Lakhimpur Kheri, Uttar Pradesh (Sugar & Distillery)5. Gangnauli, Dist. Saharanpur, Uttar Pradesh (Sugar & Distillery)6. Rudauli, Dist. Basti, Uttar Pradesh (Sugar & Distillery)

External links

Notes and References

  1. http://www.bajajhindusthan.com/board-of-directors.php Board of Directors
  2. Web site: Bajaj Hindustan AR 2024. Bseindia.com . 2024-08-20.
  3. News: Bajaj Hindusthan back in black; posts Rs 69cr profit in Sep Qtr . 16 December 2009. The Economic Times. 28 February 2010. India.
  4. News: Bajaj Hindusthan gains four per cent on BSE . 24 December 2008. The Economic Times. 28 February 2010. India.
  5. News: REFILE-Farmers lay siege to Bajaj Hindusthan mill – paper. Reuters . 9 June 2008 . 2010-02-28.
  6. News: Bajaj Hindusthan to pay only Rs 60/quintal for cane . Business Line . 22 October 2007 . 2010-02-28. https://web.archive.org/web/20100405064159/http://www.thehindubusinessline.com/2007/10/22/stories/2007102252040100.htm. 5 April 2010 . live.
  7. Web site: Udayan Mukherjee . Balrampur Chini to surge if Bajaj Hindusthan buys its stake – CNBC-TV18 . Moneycontrol.com . 2010-02-28.
  8. News: Bajaj Hindusthan eyes Balrampur mills; No. 2 global spot within reach – Corporate News . livemint.com . 30 October 2009 . 2010-02-28.
  9. News: Bajaj Hindusthan Q2 net drops 94% to Rs 3.66 crore . Press Trust of India . The Hindu . 24 April 2007 . 2010-02-28. https://web.archive.org/web/20100406040156/http://www.hindu.com/thehindu/holnus/006200704241510.htm. 6 April 2010 . live.
  10. Web site: Bajaj Hindusthan . Business.mapsofindia.com . 2011-01-28.
  11. Web site: Bajaj Hindustan Sugar Mills - Company History .
  12. http://www.bseindia.com/corporates/anndet_new.aspx?newsid=e0d9683e-6417-4413-b806-c842826cc279 BSE India.
  13. Web site: Mr. Kushagra Bajaj is the Chairman of Bajaj Hindusthan. bajajhindusthan.com.
  14. News: 70 companies with pre-1947 roots . . 24 August 2017.