Where is India's first Demonstration Facility for Biopolymers located?

A)
Chennai
B)
Bengaluru
C)
Hyderabad
D)
Pune

Correct Answer :   Pune


India's first Demonstration Facility for Biopolymers was inaugurated by Dr Jitendra Singh in Pune, marking a significant milestone in the country's biotechnology sector.

Developed by Praj Industries, the facility specializes in producing Polylactic Acid (PLA) bioplastic.

This initiative is part of India's rapidly growing bio-economy, valued at over $150 billion in 2023 and projected to reach $300 billion by 2030, driven by over 8,500 biotech startups.

The facility underscores India's commitment to biotechnology research and innovation, positioning itself as a key player in the global biotech industry.

Published On : October 14, 2024