Mishtann Foods: How a Leading FMCG Player is Going Green with Ethanol Plant in Gujarat

Mishtann Foods, a leading FMCG player in the agro-product sector, has recently signed a memorandum of understanding (MoU) with the Gujarat government for setting up an ethanol plant in the state. The project, which is expected to cost Rs 2,250 crore, will be located in Dalpur village of Sabarkantha district and will have a capacity of 500 kilolitres per day. The plant will use corn and other agricultural residues as feedstock to produce ethanol, which can be blended with petrol and diesel to reduce carbon emissions and dependence on fossil fuels.

What is ethanol and why is it important?

Ethanol is a renewable and eco-friendly fuel that has several benefits for the environment, the economy and the consumers. According to the Alternative Fuels Data Center, ethanol helps reduce greenhouse gas emissions by 40% to 108% compared to gasoline, depending on the feedstock and production process. Ethanol also improves air quality by displacing harmful substances like aromatics and particulate matter in gasoline. Ethanol production also supports farmers and creates domestic jobs. And because ethanol is produced domestically from domestically grown crops it reduces India’s dependence on foreign oil and increases the nation’s energy independence.

The Indian government has set a target of achieving 20% ethanol blending by 2025 under the National Biofuel Policy. This will help the country to save around Rs 30,000 crore of forex annually and reduce its oil import bill by 10%3. Ethanol blending will also help the country to meet its commitments under the Paris Agreement on climate change by reducing its carbon footprint.

Who is Mishtann Foods and what are its products?

Mishtann Foods is one of the leading producers and exporters of basmati rice, wheat, dal and other food grains in India. The company has a state-of-the-art processing facility in Ahmedabad that can handle 800 metric tonnes of paddy per day. The company offers a wide range of products under its brand name Mishtann, which is known for its quality, taste and aroma. Mishtann Foods also exports its products to various countries in Asia, Africa, Europe and America.

The company’s vision is to spread happiness through food and to become a global leader in the agro-product industry. The company’s mission is to provide high-quality products at affordable prices to its customers and to contribute to the social and economic development of the country. The company’s core values are innovation, excellence, integrity, customer satisfaction and social responsibility.

What are the benefits of the ethanol plant project?

The ethanol plant project is a part of the company’s diversification strategy and its commitment to environmental sustainability. The project will not only help the company to tap into the growing demand for ethanol-blended fuel in India, but also to generate additional revenue from the by-products of ethanol production, such as animal feed and biogas. The project will also create employment opportunities for the local people and boost the rural economy.

The MoU was signed during the Vibrant Gujarat Global Summit 2023, which was held from January 10 to 13 in Gandhinagar. The summit witnessed the signing of over 28,000 MoUs worth Rs 15 lakh crore across various sectors, including renewable energy, manufacturing, infrastructure, tourism, agriculture and health care. The summit also showcased Gujarat as a preferred investment destination and a hub of innovation and entrepreneurship.

Mishtann Foods is confident that its ethanol plant project will be a success and will benefit all the stakeholders involved. The company hopes that its project will inspire other players in the agro-product sector to explore the potential of ethanol production and contribute to the national goal of achieving 20% ethanol blending by 2025.

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