First Indian company which has broken into the top bracket of the industrial biotechnology sector globally.
US-based Biofuels Digest has announced that Praj Industries of India is ranked 2nd in a list of the world’s 50 hottest companies in global bioeconomy for 2021 in Low Carbon Fuels and Renewable Chemicals category. This list represents companies that have made outstanding contributions to bioeconomy by developing and deploying sustainable decarbonisation solutions using innovative technologies that help preserve environment.
Additionally, Praj has also secured 3rd ranking in the newly introduced Biodesign & Engineering category that recognizes hottest companies for their capabilities in innovations and services in commercial-scale operations and products.
This is the first time any Indian company has broken into the top bracket of the industrial biotechnology sector globally. Praj Industries tops the list that includes fortune 500 companies and global majors. Earlier this year, Praj was ranked No.1 among the best places to work in the advanced bioeconomy 2020 by Biofuels Digest.
Jim Lane, Editor and Publisher of the Biofuels Digest, said, “It’s the highest ranking ever achieved by a company out of Asia, and the highest ever for an engineering services company. This year, the invited international selectors and subscribers agreed that Praj Industries has become a world-leader in the transition to renewable fuels and bio based chemicals. We’ve seen for several years a decisive shift towards renewables all across India and Praj is in the front of that movement.”
Talking about this landmark achievement, Dr Pramod Chaudhari, Founder Chairman, Praj said, “We are very proud of 2nd ranking in the Low Carbon Fuels and Renewable Chemicals category that manifests Praj’s market positioning as a global leader in industrial biotechnology. This stature is only reinforced by 3rd ranking in the Biodesign & Engineering category, a definitive endorsement of Praj’s capabilities across the value chain.”
