Bihar CM Nitish Kumar and Cabinet Ministers to Attend the Event
Patna, December, 25: Former industries minister and sugar magnate Dr Murugesh R Nirani has made remarkable strides in reviving struggling industries.
Recently, he purchased a defunct sugar factory in far away Bihar and successfully doubled its production capacity within a year. On the 26th, December an expansion program for the factory’s sugar distillery and power generation units will be inaugurated.
Bihar Chief Minister Nitish Kumar and several cabinet members expected to grace the occasion.
In Karnataka, the Pandavpur Cooperative Sugar Factory in Mandya district had been shut down due to financial losses, leaving labourers and sugarcane farmers in a dire situation. Nirani took the factory on lease, implemented essential improvements, and resumed its operations. Similarly, the Bhima Patasa Sugar Factory in Maharashtra, which had been closed due to financial difficulties, was recently acquired by Nirani and is now operating successfully under his management.
Beyond sugar factories, Nirani has revitalized several other closed industrial units. These include the Ratna Cement Factory in Yadwada village (Belagavi district), Vasu Pujya Cement Factory in Lokapura (Mudhol taluk), and Suvarna Cement Factory in Chitradurga. Despite facing administrative challenges and financial crises, these factories were rehabilitated and transformed into thriving enterprises under his leadership.
On March 25th, 2025, a new facility will be inaugurated in Karnataka, dedicated to producing ethanol from 35,000 quintals of rice and corn.
Public Service Contributions
The Nirani Group is not only a leader in the industrial sector but also actively engages in social welfare initiatives. Through the MRN Foundation, Nirani has organized free health camps, agricultural seminars, farmer study tours, and provided educational support for underprivileged children. The foundation has also been instrumental in promoting agricultural research and has gained recognition for its free eye examinations and surgeries.
In recognition of his exceptional contributions, Nirani has been awarded honorary doctorates by KLE Technical University, Hubli, and the Krishna Institute of Medical Science, Maharashtra.
Key Achievements of the Nirani Group
Asia’s Leading Ethanol Producer: The group is the largest producer of ethanol in Asia.
Sugarcane Processing: Processes a total of one lakh tonnes of sugarcane daily.
Employment Opportunities: Provides direct employment to over 75,000 people.
Community Development: Establishes cooperative banks, educational institutions, and generates numerous ancillary jobs. A Vision for Revitalizing Industries
Quote
Managing industries is an art. While industries are often associated with financial activity and prosperity, they are not without challenges. Financial crises can arise, and such situations require efficient handling to ensure continuity and growth. leader must show concern for the welfare of workers. Unfortunately, many industries in the country have shut down for various reasons. Efforts must be made to revive these defunct industries. This revival should be approached as a campaign, driven by committed entrepreneurs who can create employment opportunities and contribute to economic progress. – Dr Murugesh R Nirani
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