IPL Biologicals, a leading player in the agro-biological industry has signed a memorandum of understanding (MoU) with the Gujarat government to establish a state-of-the-art bio-fertilisers, bio-pesticides, bio-fungicides, microbial growth promoter facility in the region. The MoU was signed by Videh Khare, Mission Director, Gujarat State Biotechnology Mission. With the investment of INR 400 crores, IPL will promote eco-friendly farming practices and enhance soil and environmental health.
“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 first phase of production will focus on biological products, followed by probiotics and enzyme products. The project shall be on reducing chemical usage in the agriculture sector and providing safe food production to the world,” the company said.
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Speaking about the MoU, 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-fertiliser and bio-pesticide production facility in Gujarat, we are driven by a profound commitment to redefine the future of agriculture. Our vision goes beyond traditional boundaries, encapsulating a holistic approach towards sustainable farming practices.”
“Our commitment to global standard manufacturing is a testament to our aspiration to produce high-quality products that meet and exceed global standards. This manufacturing unit will be a fully automated state-of-the-art facility, probably the best in the world and it will not only contribute to the local economy but also elevate India’s standing in the global arena of biotechnology,” he added.
The development and operational commencement of IPL Biologicals’ agro-biological production facility is scheduled for mid-2025 and exemplifies a meticulously planned and strategically executed timeline.
