Simbhaoli Sugars set to go global

Simbhaoli Sugars (SSL) today said in a filing to BSE that it will set up an associate company outside India for trading in sugar and other commodities in the overseas market.

The new company is intended to be SSL international trading arm for sustainable development of its overseas business in marketing and trading sugar. G S C Rao Executive Diector of Simbhaoli Sugars said that Dubai with its superior infrastructure is an ideal location for trading in the international market.