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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...
India bio-economy updates from BioBiz Thyssenkrupp Industries India is entering the SAF sector with a focus on sustainable fuel from biomass. SAF production will use agricultural waste and green hydrogen as feedstocks. The company plans to expand into ethanol, bio CNG, and biochemicals as part of its green...
India bio-economy updates from BioBiz Essar Group is investing ₹30,000 crore in a green hydrogen plant in Jamnagar, Gujarat, while also developing a green steel plant in Saudi Arabia and decarbonizing its UK refinery. The company aims to boost green mobility with LNG and electric trucks, reducing emissions...
India bio-economy updates from BioBiz India and the U.S. are considering launching "Bio-X" under the iCET initiative to boost biotechnology collaboration, focusing on biomanufacturing and joint research. Bio-X aims to increase the bioeconomy. The initiative envisions workforce development and fostering public acceptance of bio-based products for long-term impact....
India bio-economy updates from BioBiz H G Infra Engineering entered the solar and green hydrogen sectors by incorporating three subsidiaries in April 2024. The move into renewable energy aligns with H G Infra's diversification strategy. H G Green Hydrogen Power to be established in Rajasthan To know more...
India bio-economy updates from BioBiz Pune Based Praj Industries was recognized as the No. 1 company in the Global Bioeconomy. The company’s Bio-MobilityTM and Bio-PrismTM platforms offer renewable fuels, chemicals, and materials, advancing low-carbon innovations. With over 1,000 global customers, Praj’s success reflects India’s growing bioeconomy. To know...
India bio-economy updates from BioBiz Dr. Jitendra Singh inaugurated India’s first National Speed Breeding Crop Facility at NABI, Mohali, to enhance crop quality and climate resistance. The facility supports India's bioeconomy by contributing to agricultural productivity. India's bio-economy has grown significantly, reaching $130 billion in 2024, with biotechnology...
India bio-economy updates from BioBiz Southern India contributes 45% to India’s $151.4 billion BioEconomy, with Karnataka leading at $31 billion. The BioEconomy in the region spans biotechnology, biofuels, and bio-based chemicals, integrating into regional GDP and housing 575 biotech startups. Success is driven by strategic policies, research infrastructure,...
India bio-economy updates from BioBiz CGIAR and BAIF launched the Circular Bioeconomy Innovation Hub (CBE-IH) in Pune to drive innovation using agricultural waste. The hub supports India's $2 trillion circular bioeconomy target by 2050. It fosters collaboration through training, accelerator programs, and nationwide networks for circular business growth....
