Mawana Sugars Ltd., part of the Siddharth Shriram group, is a diversified company engaged in sugar, edible oils, and consultancy services. Originally known as Shriram Industrial Enterprises Ltd, the company underwent significant restructuring, including the transfer of its sugar business into a subsidiary, Siel Sugars Ltd, and later the integration of Mawana Sugars Limited. The company has a notable presence in the sugar industry with two plants in Uttar Pradesh. In 2021, Mawana Sugars exited the chemical business, transferring its Rajpura-based chemical manufacturing unit to Bodal Chemicals Limited.
The company has collaborated with international firms such as Tecumseh Products Company, US, and Plansee Tizit, Austria, to enhance its product offerings. Mawana Sugars also launched a UK-based subsidiary to expand its global footprint in trading activities. Mawana's subsidiaries focus on various sectors, from financial services to industrial estate management. The company became a subsidiary of Usha International Limited in 2010, following an equity stake increase. This strategic evolution underscores Mawana's adaptability and growth in the sugar and edible oils sectors.
