GMR Group, one of the fastest growing infrastructure companies in airports, energy, highways and urban infrastructure, is planning to exit its sugar business. The group has mandated investment banker NM Rothschild to find suitors for the 11,000 tonne crushed per day (tcd) sugar business.

The sugar assets of the group are executed under GMR Industries, which also has one more vertical, the aviation business. The group has three sugar plants, one at Sankili in Andhra Pradesh, and at Ramdurg and Haliyal in Karnataka.

In Sankili, the company has a 5,000 tcd capacity plant along with a cogeneration unit of 16 MW of power capacity. It also has 45 kilo litre per day (klpd) distil

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