Nirani Sugars inks pact with Karnataka for Rs 2,000-cr chemical plant

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....irani Sugars inks pact with Karnataka for Rs 2,000-cr chemical plant<BR>PTI News<BR>Dated:- 12-2-2025<BR>PTI<BR>New Delhi, Feb 12 (PTI) Nirani Sugars on Wednesday said it has signed an agreement with ....

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....the Karnataka government for setting up a Polylactic Acid manufacturing facility in Bagalkot with an investment of Rs 2,000 crore. The project, which will be developed in the next 3-5 years, aims to....

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.... generate 600-800 direct employment opportunities in the region, the company said in a statement. Nirani Sugars Director Vishal Nirani said, "We are excited to partner with the Government of Karnata....

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....ka to bring cutting-edge PLA manufacturing to Bagalkot, reinforcing the state's position as a leader in sustainable industrial growth." The Karnataka government will facilitate Nirani Sugars in obta....

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....ining the necessary approvals, permissions, and incentives as per prevailing policies, ensuring a smooth and time-bound execution of the project, the statement said. Polylactic Acid, a biodegradable....

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.... and sustainable polymer derived from renewable resources, is a crucial step towards eco-friendly alternatives in packaging, textiles, and various industrial applications. PTI LUX LUX SHW<BR> News - P....

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....ress release - PIB....