IPL Biologicals signs MoU with Gujarat Government
28 December 2023, Gurugram: IPL Biologicals has signed MoU with the Gujarat government to establish biofertilizers, biopesticides, biofungicide, and microbial growth promoter facility in the region. The MOU was signed in the presence of the Chief Minister of Gujarat by Mr Videh Khare, Mission Director, Gujarat State Biotechnology Mission. The value of the investment declared is 400 Crores and will also promote eco-friendly farming practices and enhance soil and environmental health.
Talking about the MOU Mr. Harshvardhan Bhagchandka, President of IPL Biologicals said “As we embark on this transformative journey with the Gujarat government for the establishment of a new bio-fertilizer & bio-pesticide production facility in Gujarat, we are driven by a profound commitment to redefine the future of agriculture.”
He further added “This manufacturing unit will be a fully state of the art facility, and it will 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. The facility will serve as a beacon in this regard, integrating LED lighting and solar power solutions. Harnessing solar energy not only reduces the carbon footprint but also aligns with global efforts to transition towards renewable energy sources. In tandem, IPL Biologicals is committed to advanced water management, incorporating state-of-the-art Zero Liquid Discharge (ZLD) facilities. This pioneering approach ensures that no liquid effluents are released into the environment, underscoring IPL Biologicals’ dedication to responsible industrial practices and environmental stewardship.
IPL Biologicals is set to create over 500 direct and indirect jobs, fostering skilled and scientific communities and driving regional economic growth. The multifaceted efforts aim not only to meet but exceed stakeholder expectations, playing a pivotal role in constructing a sustainable and prosperous future.
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