The State-owned Mysore Sugar Company Ltd. or Mysugar factory in Mandya, which has been non-operational for a long time, is expected to resume operations in July this year. Established during the rule of Nalwadi Krishnaraja Wadiyar in 1933, the 90-year-old factory had to suspend its operations after facing losses and multiple problems.
After several failed attempts to bring the factory on track, with several private players evincing interest in taking over Mysugar, the Basavaraj Bommai Government announced decision to revive the factory and ₹50 crore was announced in the Budget for its restoration, bringing hope among sugarcane growers in Mandya.