Sanstar Expands Native Starch Manufacturing Capacity in Dhule, Maharashtra
Sanstar commissions expanded native starch capacity at Dhule
Business Standard
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Sanstar has commissioned its expanded native starch manufacturing capacity at its facility in Dhule, Maharashtra, increasing total capacity from 1,100 tons per day (TPD) to 2,350 TPD. This expansion, costing ₹181.6 crore (approximately $22 million USD), positions Sanstar to become a leading player in India's maize-based specialty products market.
- 01Sanstar's expansion increases capacity from 1,100 TPD to 2,350 TPD.
- 02The project cost ₹181.6 crore (approximately $22 million USD).
- 03The Dhule facility is strategically located for efficient sourcing and export.
- 04The expansion is part of a broader plan funded through IPO proceeds.
- 05A derivatives facility is expected to be commissioned by FY2026-27.
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Sanstar has successfully commissioned its expanded native starch manufacturing capacity at its facility in Dhule, Maharashtra, enhancing its total capacity from 1,100 tons per day (TPD) to 2,350 TPD. This expansion, which cost ₹181.6 crore (approximately $22 million USD), is a significant milestone in the company's growth strategy, funded through proceeds from its Initial Public Offering (IPO). The Dhule facility's strategic location near key maize-growing regions and major ports offers logistical advantages that will support efficient sourcing and export operations. Following this expansion, the Dhule plant is set to become one of the largest plants in India in terms of operating capacity at a single location. The expansion is being executed in two phases, with the derivatives facility expected to be commissioned by FY2026-27. This increased capacity is anticipated to improve operational efficiencies and enable Sanstar to meet the growing domestic and international demand for maize-based specialty products.
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The expansion is expected to enhance operational efficiencies and strengthen Sanstar's market position, potentially leading to job creation and increased local economic activity in Dhule.
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