Novozymes is trying to tap the huge
potential of the vast Indian biomass resources and is looking to
generate a million jobs by 2020
Plot No. 32, 47-50, EPIP Area, Whitefield,
Novozymes, which is a group company of Novo
Nordisk, Denmark, is represented in India by Novozymes South Asia and
is headquartered at Bangalore. Novozymes, a leader in bioinnovation,
has businesses in industrial enzymes, microorganisms and
biopharmaceutical ingredients. Its biological solutions save energy and
raw materials and also reduce waste, thus resulting in higher quality,
lower costs, lower CO2 emissions and a better environment.
Novozymes South Asia, the largest supplier of industrial enzymes and
microorganisms in India, is catering to the requirements in the
detergent, food, feed, textile, leather, oils and fats, beverage and
biofuel industries. The firm registered a growth of about nine percent
in 2010-11 with sales revenue of
242 crore as compared to the previous
year’s revenue of
Detergent and technical enzyme sales were the strongest growth drivers
for the company in absolute terms. While the sales of microorganisms
performed well during the year, the divestment of noncore ingredient
activities in India in the year 2009 impacted the growth of the company
in a negative manner.
In November, last year, the company opened its new state-of-the art
R&D center and office at Whitefield in Bangalore, India. The
R&D center will undertake protein engineering work for Novozymes’
global requirements and will act as a resource base for the company’s
global discovery projects. The center will also serve as an application
technology excellence center for Novozymes’ global juice and wine
industry requirements. The center is actively innovating food
applications for the Indian market by undertaking research to
understand the local needs in India.
Novozymes India began its operations in 1983 and has grown into an
organization that is spread across three sites in India, covering
manufacturing, business functions, a shared service center and R&D.
Novozymes is focusing on biofuel in a big way in India and it aims to
produce second generation bioethanol mainly from agricultural residues
and waste. The company is trying to tap the huge potential of the vast
Indian biomass resources and is looking to create around a million
aggregated jobs between 2010 and 2020, thus providing the much-required
impetus for inclusive growth by providing employment in rural India.
Novozymes entered into an agreement with Praj Industries, a diversified
biofuel and brewery technology solutions provider.
Together, Praj and Novozymes will optimize the enzymatic hydrolysis
processes and the use of enzymes in the production of advanced
biofuels. Novozymes believes that this collaboration with Praj will be
instrumental in ensuring rapid deployment of cellulosic biofuel in
India as well as in other parts of the world.
Globally, Novozymes is organized into two business areas including,
enzyme business and biobusiness. The development, production,
distribution, and sale of enzymes form the major part of its business,
currently accounting for 94 percent of sales. Biobusiness accounts for
the remaining six percent.