Award24 Sept 2026, 10:22 pm
BCML Awarded ₹75 Cr Grant for PLA R&D Facility
AI Summary
Balrampur Chini Mills Limited (BCML) has received a ₹75 crore grant from the Biotechnology Industry Research Assistance Council (BIRAC) under the Government of India's BioE3 initiative. This grant will fund the establishment of a 100 TPA PLA Co-Polymer R&D Facility at BCML's Kumbhi, Uttar Pradesh complex. The facility aims to accelerate the development of advanced bio-based materials, strengthen India's biomanufacturing capabilities, and support the commercialization of PLA. This initiative aligns with India's ambition to become a global bioeconomy powerhouse and will foster indigenous technology development and talent creation in the biomanufacturing sector.
Key Highlights
- BCML receives ₹75 crore grant from Government of India for PLA R&D.
- New facility to boost India's bioeconomy and biomanufacturing capabilities.
- Focus on developing advanced PLA grades and co-polymers.
- Supports indigenous technology and talent development in biomanufacturing.
Price Impact
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