India is home to some of the largest sugar producers globally, with a total sugar market size of USD 8.2 billion in 2024. Leading the industry is EID Parry, with a crushing capacity of 40,300 tonnes/day and a market cap of USD 1.86 billion. Balrampur Chini, producing 80,000 tonnes/day, follows with a market cap of USD 1.43 billion.
Shree Renuka exports 20% of India’s sugar and holds a market cap of USD 1.10 billion. Other major players include Triveni Engineering (USD 1.05 billion) and Bannariamman (USD 526 million).
Bajaj Hindusthan, the largest in Asia, has a crushing capacity of 136,000 tonnes/day and a market cap of USD 514 million. Dalmia Sugar (USD 434 million) and Avadh Sugar (USD 148 million) also rank high.
Completing the list are Dhampur Sugar (USD 146 million) and Dwarikesh Sugar (USD 144 million), showcasing India’s robust sugar industry.