IPL Biologicals, Gujarat govt collaborate for cutting-edge biotechnology facility
IPL Biologicals has entered into a Memorandum of Understanding (MoU) with the Gujarat government to establish a state-of-the-art biofertilizers, bio pesticides, bio fungicides, and microbial growth promoter facility in the region at an investment of Rs 400 crore.
Aligning with the national goal of adopting the most organic and sustainable practices by 2030, IPL Biologicals envisions the MOU with the Gujarat government to develop a new facility as a significant contributor to sustainable agriculture. The major focus of the first phase of production will be on biological agriculture products, followed by probiotics and enzyme products.
The project shall be on reducing chemical usage in the agribusiness sector and providing safe food production to the world.
Talking about the MOU, Harshvardhan Bhagchandka, President of IPL Biologicals said “ This manufacturing unit will be a fully automated state-of-the-art facility and it will not only contribute to the local economy but also elevate India's standing in the global arena of biotechnology”
The development and operational commencement of IPL Biological's agro-biological production facility is scheduled for mid-2025. A pivotal aspect of IPL Biological's sustainability strategy focuses on energy efficiency.
In tandem, IPL Biologicals is committed to advanced water management, incorporating state-of-the-art Zero Liquid Discharge (ZLD) facilities.
IPL Biologicals is set to create over 500 direct and indirect jobs, fostering skilled and scientific communities and driving regional economic growth.
