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Wave Industries

A Diversified Business Group Synonymous to Excellence and Progress

Wave Industries

Wave Industries is a reputed business conglomerate whose foundation was laid in 1963 by Late Shri.Kulwant Singh Chadha. The legacy was very ably carried forward by his son and the erstwhile Chairman Late Shri. Gurpreet Singh Chadha. It was his wide vision that steered the Company into the direction of excellence and carved a niche for itself.

Wave Industries is the manufacturing division of the reputed Wave Group based in Uttar Pradesh. The Company’s glorious run began in the year 1997-98 which marked its formal entry into the Sugar manufacturing business and since then, there have been no looking back. At present, the Wave Industries is one of the notable Sugar manufacturers in the state of Uttar Pradesh. The Company is proud of being the pioneer of multiple Cane related initiatives that led to the overhauling of the traditional methods of cane loading, cane weighment and payment disbursement to the farmer’s bank accounts, in early century that eventually became the industry norm. Through several research-based cane development initiatives and sectoral innovations, the Company has carved a niche for itself. Principally, Wave Industries is a Sugar Manufacturing Company however in the last few years it has significantly diversified into other allied businesses – Renewable Power Cogeneration and Distillery (bio-fuel and allied products). The Company also has a Steel Manufacturing Plant in Dhanaura equipped with the LRF facility.

The Company is constantly striving to find more ways of harnessing the best-in-class technology for all its Plants to achieve manufacturing excellence through less energy consumption, zero use of ground water and low steam consumption. The Company also aims to launch the Compressed Bio Gas (CBG) facility in near future to produce clean energy which is also the need of the hour.

Future Growth Plans
  • The Company is geared to expand its distillery capacity from 150 KLPD to 250 KLPD based on B-Heavy Molasses in 2022-23.
  • The Company is in the process of installing a Compressed Bio Gas (CBG) Plant in Dhanaura that will become functional in the next financial year.

Awards & Certifications

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Financial Performance
Year 2021-22 has been a milestone year for the Company in terms of its financial performance as it marked an onset journey after a brief period of lull. The liquor business of the Company became non-functional in the year 2018 due to the change in the Government policies. However, the year 2021-22 turned out to be a stellar year for the Company. Its total income swelled up to ₹ 1,360 crore and projected revenue of ₹ 2000 crore in 2022-23.

Journey Since Inception

The glorious journey of Wave Industries is embellished with several milestones that have that have helped it carve a niche for itself.

Wave Industries Private Limited has successfully managed to stay ahead of the curve through strategic and prudent investments in scaling up its manufacturing capabilities from time to time. In line with its values, the Company has continuously strived to gauge the market and unleash the new business opportunities. This is evident through several significant milestones achieved by the Wave Industries in its remarkable journey of more than 25 glorious years.

Our Vision

Wave Group is a customer centric organization helmed by a highly qualified, professional and knowledgeable Management team. Our vision is

Our Mission

Business Factsheet

25

Years of Excellence

₹ 1,360 crore

Total Revenue in 2021-22

₹ 2000 crore

Projected revenue : 2022-23

~62,000

Hectare Area under Sugarcane cultivation

More than

1 Lakh Farmer’s Network

2.55 lac tonnes

Sugar Produced in 2021- 22

20,000 TCD

Total Cane Crushing Capacity

(150+100) = 250 KLPD

Distillation Capacity based on B-Heavy

1 X 30 MW (Bagasse based) and 1 x 6 MW (SLOP based)

Renewable Power Co-Generation capacity

75,000 MT

TMT Production capacity per annum

Strategically located

Manufacturing Unit in Dhanaura, U.P

Fully Integrated

Manufacturing Unit in Dhanaura, U.P)

2200

Employees(Regular + Contractual)

FSSAI & HALAL

Certified Sugar

ISO 22000:2018

Certified refined Sugar Manufacturing Plant in Dhanaura