Archive · 19 Aug 2026

Novonesis Plans ₹3,000-Crore Maharashtra Investment Over Three Years

Novonesis Plans ₹3,000-Crore Maharashtra Investment Over Three Years

Novonesis is a company that makes biological products for industries such as farming, food and fuel.

It plans to invest up to ₹3,000 crore in Maharashtra.

The investment is expected to happen over the next two to three years.

Much of the expansion may take place at its Patalganga factory.

The company wants to make more enzymes, yeast and health and nutrition ingredients.

Its products can help ethanol makers produce fuel more efficiently.

Novonesis is also testing products for sugarcane, biogas and agricultural uses.

The company says slow and unclear approvals can make it harder to introduce biological products for farming.

Sources