Praj Ranks 2nd Hottest Company in Global Bioeconomy for 2021

India’s biotechnology company Praj Industries has been ranked 2nd in a list of world’s 50 Hottest companies in global bioeconomy for 2021 by US based Biofuels Digest under low carbon fuels and renewable chemicals category.

January 05, 2021. By Manu Tayal

India’s biotechnology company Praj Industries has been ranked 2nd in a list of world’s 50 Hottest companies in global bioeconomy for 2021 by US based Biofuels Digest under low carbon fuels and renewable chemicals category.

The list represent companies that have made outstanding contribution to bioeconomy by developing and deploying sustainable decarbonization solutions using innovative technologies that help preserve environment.

Additionally, the company 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 topped the list that includes fortune 500 companies and global majors.

The company’s growing prowess as a technology leader has been reflected in it’s rapid rise in these annual rankings in past few years, as it was ranked #34 in 2018 and forayed into top 10 with #8 in 2019.

Talking about this landmark achievement, Dr. Pramod Chaudhari, Founder Chairman, Praj said, “I see this as recognition of Praj’s vision of offering environment friendly and sustainable solutions to make the world a better place. With this honor comes a greater expectations from stakeholders and team Praj is well geared to come good on the promise.”

It may be noted that recently Dr. Pramod Chaudhari, Founder Chairman of Praj Group was bestowed with prestigious George Washington Carver Award 2020 for his outstanding contribution in the Industrial Biotechnology sector worldwide.

While congratulating Praj on this achievement, 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 biobased chemicals.”

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