Praj Industries: Challenges remain – 31 May 2024

You have to give it to Praj Industries for forging a path of its own in the bio-technology business

And through a combination of hard work interspersed with a lot of hype, particularly over its 2G ethanol technology that is yet to pass muster, it has been able to create an identify of its own

And it is beginning to have a good hold over the Indian market, and is now trying to spread its wings internationally.

But there are challenges too, the turnover is low, and it is subject to new AI-powered disruptive technology if it drops its guard