CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
IPL Biologicals has signed an agreement with the Gujarat government to establish a facility with an investment of Rs 400 crore in the presence of Chief Minister Bhupendra Patel.
The company said,"The investment of Rs 400 crore underscores IPL's commitment to promoting eco-friendly farming practices and enhancing soil and environmental health."
"The major focus of the first phase of production will be on...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," it said.
The development and operational commencement of IPL Biological's agro-biological production facility is scheduled for mid-2025, creating over 500 direct and indirect jobs, the company added.
The company believes the MoU with the state government aligns with the national goal of adopting organic and sustainable practices by 2030, the statement said.
Recent News
◉ SWELECT Energy secures over 150 MW of solar module - Mar 13,2025◉ RVNL emerges as lowest bidder for Rs 554.64 crore road contract - Mar 13,2025
◉ MoU inked for developing Multi-Modal Logistics Park in Varanasi - Mar 13,2025
◉ Danfoss India to invest Rs 1,200 crore by 2028 - Mar 13,2025
◉ SJVN to develop Rs 9,500 crore pumped storage project - Mar 13,2025
◉ JNPA signs concession agreement for Rs 285-crore agri-processing facility - Mar 13,2025
◉ Montra Electric opens e-SCV manufacturing plant in Chennai - Mar 13,2025