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Dr. Jitendra Singh inaugurated Global Bio India 2024, emphasizing India’s biotech growth with a $300 billion target by 2030. The event featured the BioE3 Policy, global partnerships by BIRAC, unveiling 30 new Bio startups. Industry leaders highlighted innovation, collaboration, and India’s role as a leading...
India bio-economy updates from BioBiz The US government and IIT Madras Research Park are collaborating on solar energy, green hydrogen, EVs, and sustainable building practices. The partnership highlights US companies in Chennai, like First Solar and Ohmium. Chennai's prominence in the EV and automotive industries is also acknowledged...
India bio-economy updates from BioBiz Mahindra Tractors launched its first CBG-powered Yuvo Tech+ tractor in New Delhi. The tractor uses compressed bio-gas, reducing carbon emissions while maintaining power and performance for farming tasks. Mahindra aims to drive sustainability with energy-efficient products like CNG and LPG tractors. To know...
India bio-economy updates from BioBiz Minister Hardeep Singh Puri highlighted India’s bioenergy progress, focusing on environmental and economic benefits. The strategy includes ethanol and biodiesel blending, CBG, biomass, and waste-to-energy, with a target of 20% ethanol blending by 2025. E20 fuel is available at 15,600+ outlets, and E100...
India bio-economy updates from BioBiz GAIL and Petron Scientech signed an MoU to establish a 500 KTA bio-ethylene plant in India, producing bio-ethylene from bio-ethanol as a 50:50 joint venture. Feasibility studies will assess the project’s technical and financial viability. The collaboration aims to promote sustainable practices and...
India bio-economy updates from BioBiz BSE BEAM and Buyofuel partnered to enhance the biofuel market by connecting farmers, FPOs, and corporate clients through integrated technology platforms. The collaboration expands market reach for producers and consumers. This partnership supports a resilient and sustainable biofuel ecosystem. To know more Click
Karnataka targets a $100 billion BioEconomy by 2030, focusing on BioPharma, BioAgri, and BioIndustrial sectors. The state contributed $31 billion in 2023, with 1,000+ biotech startups, including 202 launched in 2023. The new biotechnology policy emphasizes biomanufacturing, bioagriculture, and medical devices for sustainable growth. To...
India bio-economy updates from BioBiz Volvo Cars plans to launch vehicles compatible with ethanol-blended fuels in India, including the EX30 SUV and XC60, XC90 models for E20 compatibility. The company aims for net-zero emissions and a circular economy by 2040. This move is part of Volvo’s broader sustainability...
India bio-economy updates from BioBiz The MNRE has allocated Rs 200 crore until FY 2025-26 to enhance Green Hydrogen (GH2) testing facilities across the GH2 value chain. The National Institute of Solar Energy (NISE) will oversee the implementation of this initiative. This scheme supports India’s goal of self-reliance...
India bio-economy updates from BioBiz Gulshan Polyols secured an ₹18.85 crore contract to supply 2,713 kiloliters of ethanol to BPCL, IOCL, and HPCL by October 2024, sourced from its 60 KLPD plant in Boregaon. The company has also commenced commercial operations at its 250 KLPD grain-based ethanol plant...
