Synopsis:Praj Industries has inaugurated a first-of-its-kind Advanced Precision Fermentation Lab at its R&D center, Praj Matrix, to accelerate high-performance biomanufacturing. In alignment with India’s BioE3 policy, the company also signed an MoU with BRIC–NCCS to bridge the gap between academic discovery and industrial scalability.
Praj Industries, a leading global industrial biotechnology firm, declared the opening of its Advanced Precision Fermentation Lab at Praj Matrix, Pune. The facility is meant to propel the next-generation biotechnology using AI-enable fermentation process to enhance efficiency and decrease risks related to the process of scaling up the laboratory findings to industrial production.
The start is on the 18 th Foundation Day of Praj Matrix and a strategic step to support the vision of BioE3 (Biotechnology to Economy, Environment and Employment) in India. This international-facility lab will help Praj and its subsidiary, Praj HiPurity Systems to provide high-end solutions to various industries, such as pharmaceuticals, food, cosmetics, beverages, and biofuels.
IAs a major step to enhance biotech ecosystem, Praj signed a Memorandum of Understanding (MoU) with BRIC–NCCS (Biotechnology Research and Innovation Council -National Centre for Cell Science). This partnership aims to integrate NCCS’s expertise in microbial research and genomics with Praj’s industrial engineering capabilities. The collaboration will focus on discovering new biomolecules, developing microbial strains, and providing specialized training and internships for PhD scholars to build a future-ready scientific workforce.
On the bourses, Praj Industries Limited reacted positively to the ongoing momentum on April 22, 2026. The stock traded at Rs. 379.95, marking an increase of 4.32% from its previous close. Following the recent recovery trend, the stock saw an intraday high of Rs. 389.80, supported by a trading volume of 40.8 lakh shares. Over the past month, the stock has maintained a bullish trend, delivering approximately 21% absolute returns to its investors.
Company Overview
Praj Industries Limited is the most successful industrial biotech company operating in more than 100 countries in India. The company is based in Pune and it deals with technology solutions of the environment, energy and agri-process industries. Its fundamental products are Bio-Mobility 2 platform of renewable transportation fuels and Bio-Prism portfolio of renewable chemicals and materials. The R&D driving force of the company, Praj Matrix, has more than 300 patents and operates with a workforce of more than 90 scientists working towards sustainable decarbonization.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor.
