E.I.D.- Parry (India) Stock

E.I.D.-Parry (India) Limited engages in the manufacture and marketing of sugar, bio-pesticides, and neutraceuticals. The company sells its products primarily in India, North America, and Europe. It is a part of Murugappa group.

The company primarily produces sugar from sugar cane. It also produces by-products, such as molasses and alcohols. Molasses, the by-product of sugarcane, can be converted into various types of alcohol like rectified spirit, ENA, and fuel ethanol. The company has five sugar factories of which four are in Tamil Nadu and one in Puducherry. It has throughput capacity of 19,000 TCD across its sugar mills.

The company offers plant extract based bio pesticides. Its Azadirachtin based product range Neemazal is registered in approximately 35 countries across the globe. It also offers nutraceuticals, which include three different types of microalgae, including Organic Spirulina, Dunaliella (Natural Mixed Carotenoids), and Haematococcus (Astaxanthin).

Joint Ventures

The company has joint venture with Cargill Asia Pacific Holdings Pte Limited. The company would be setting up a sugar refinery in Food Processing Special Economic Zone of Parry Infrastructure Company Private Limited at Vakalapudi, Kakinada rural mandal, Kakinada, Andhra Pradesh.