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Latur-based Natural Sugar and Allied Industries’ sugar mill in Osmanabad aims to add another dimension to the industry’s constant foray into newer avenues for revenues. This mill, located in Kalamb taluka of Osmanabad, aims to utilise press mud to manufacture bio CNG.
Bhairavnath B Thombare, chairman and managing director of the mill, said this technology will help mills reutilise the agricultural waste which so far has only been used as manure.
By 2024, there will be an estimated market of $2-3 billion for toys in India and statistics by the government of India show “a large potential growth opportunity” since the Indian toy industry is only 0.5 per cent of the global pie.
One of the companies aiming to add to the growth story in this sector is Pune-based Toy Trunk, which was started in 2021 to create alternatives for infants and toddlers who were consuming entertainment on cell phones, televisions, tablets and laptops, especially after the successive lockdowns in the wake of the Covid-19 pandemic. The bootstrapped start-up has released 24 products and is aiming to become a national brand with a turnover of Rs 1.5 crore by the end of the year.
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