Pune-based Praj Ind restructures business.

Adopting a new identity in line with its future growth strategy, Pune based process solutions company Praj Industries has restructured its business with second generation technology. Along with ethanol production, From last three years, Praj is focusing water, pharma and biotech-led businesses.

Commenting on this, Pramod Chaudhari, executive chairman, Praj Industries said, 'Ethanol will continue to be a major focus in Praj's business, the introduction of water, pharma and biotech-led businesses signifies our continued push for sustainability. Due to economic slowdown and policy changes in blending of ethanol in US and Europe, the business has been impacted. But markets like Thailand and Philippines has helped us to grow the business in the last three years. And now, we have transformed our company from being a single business sector company of ethanol solutions to multiple business organization, providing solutions for brewery, water & waste water, process equipment & systems, high purity application and bio-products.'

BS