Home / Knowledge / News / Textiles / Novozymes ramping up its presence in India
Novozymes ramping up its presence in India
29
Oct '11
Novozymes India is garnering healthy growth in enzymes for the household care, food and beverages industries; making progress within research and development and growing its portfolio of sustainable solutions to various businesses.

Novozymes India began its operations in 1983 with two employees operating from a business center. Since then the Indian operations have grown into an organization spread across three sites in India covering manufacturing, business functions, a shared service center, and Research & Development.

With biotechnology recognized as a sunrise industry in India, Novozymes is planning to further strengthen its position in the country following a twin strategy of enhancing its global portfolio and developing local solutions to gain further foothold in the Indian market.

Growing population fuels the need for sustainable solutions:
According to a report from India Brand Equity Foundation (IBEF), biotechnology, one of the fastest growing knowledge-based sectors in India, is expected to touch the US$10 billion mark by 2015 on the back of emerging opportunities.

“The potential for industrial biotechnology is strong due to the increasing concern around the environment and climate change issues and the recognition of the need for more sustainable solutions,” explains GS Krishnan, Regional President for Novozymes in India.

Novozymes is the largest supplier of industrial enzymes and microorganisms in India, catering to requirements in the detergent, food, feed, textile, leather, oils & fats, beverage alcohol, and biofuel industries. Novozymes can help companies make more from less as the company's enzymes and microorganisms save energy and raw materials while reducing waste. The result is higher productivity, lower costs, and a better environment.

“Sustainable solutions become important because the middle class population is growing in India. The changing lifestyle and increasing purchasing power is leading to surge in the demand by the new generation of busy urban Indians for quality products in food, detergents and textile industries, fuelling the need to develop environmentally sustainable products,” shares Krishnan.

Advanced biofuels: the next big leap
Rising environment concerns has led the Indian government to introduce comprehensive initiatives, especially in the field of energy conversion and introduction of alternate fuels.

The Bloomberg New Energy Finance study "Next-generation Ethanol: What's in it for India” commissioned by Novozymes and presented under the aegis of Danish Embassy in India in cooperation with Indian Ministry of New and Renewable Energy in May 2011, states that transforming agricultural residues into biofuel could create up to one million jobs in India over the next decade, while radically improving its energy efficiency by supplementing its transport gasoline demand through greener fuels by 2020.

This clearly signifies opportunities for Novozymes in the field of biofuels. Novozymes is already working with its local partners Praj Industries for the development of advanced biofuels.

Novozymes


Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X