The Indian Government’s push for green energy and reducing the import bill incurred on Crude oil, has promoted the use of hybrid and flex-fuel vehicles in the country. This has led to higher requirements for ethanol. Ethanol, which is derived from Sugarcane, has brought focus on the best sugar stocks in India in 2023.
Let us look at the list of some of the best sugar stocks in India, in 2023, to help us decide which ones are good investment opportunities.
1. Shree Renuka Sugars
2. Balrampur Chini Mills
3. Bannari Amman Sugars
4. DCM Shriram Industries
5. Avadh Sugar & Energy
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