Modi Biotech to expand ethanol capacity with Rs 1 billion investment
Modi Biotech Private Limited (MBPL), a subsidiary of Modi Naturals Limited, will invest Rs 1 billion to expand its ethanol production capacity. The project will add 180 kilolitres per day (KLD) to the current 130 KLD, increasing the total capacity to 310 KLD. The expansion, featuring advanced infrastructure and technology, is expected to be completed in 8–10 months. This aligns with Modi Naturals’ diversification strategy, which focuses on ethanol manufacturing, consumer goods, and bulk edible…