Vice-Chairman and Managing Director
Shree Renuka Sugars Limited
Narendra Murkumbi is Vice-Chairman and Managing Director of Shree Renuka Sugars Limited. He founded the company in 1998, starting with equity that was partly funded by local sugarcane farmers where the first factory was set up. In the last 12 years, Shree Renuka Sugars has become a fully integrated sugar manufacturer, which also has large power generation, ethanol and sugar refining capacities. Today, it runs seven integrated sugar mills and two sugar refineries in India. Since 2009, the company expanded into Brazil, with four sugar mills and sugarcane plantations of over 100,000 hectares. With global revenues of over US$ 1.5 billion, it is one of the largest sugar and ethanol companies in the world. Shree Renuka Sugars Development Foundation, a not-for-profit, works in the areas of education and healthcare, focusing on farmers, agricultural workers and the rural community. Murkumbi trained as an electronics engineer. He received an MBA from the Indian Institute of Management in Ahmedabad, India.