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News - Praj Industries

Joint venture – growth opportunity for Praj (The Hindu Business Line 14th Dec 2007)
The formation of a joint venture between Praj Industries and Brazil-based Jaragua Equipamentos Industriais (an engineering, procurement, construction and manufacturing company) appears in line with the management’s strategy to establish presence in the growing ethanol market in Brazil.
Praj had earlier this year announced its intention to enter the Brazilian market. This venture, which will provide end-to-end solutions for ethanol production from sugarcane juice, is likely to present a huge growth opportunity for Praj.
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