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This story is from June 29, 2005
Aditya Birla group to enter biotech
MUMBAI:Aditya Birla group plans to make Indo Gulf Fertilisers its vehicle to foray into sunrise biotechnology sector.
The group sees biotechnology as its next big business after metals. Sources said the company is also conducting research on new businesses like seeds and agri inputs, the entry into which will make the Rs 678 crore Indo Gulf Fertilisers a competitor to the likes of Monsanto and Syngenta.
Its strong network will help the company sell seeds and agri products.
is expected to be deployed in the new businesses which will flank the mainline business of fertilisers.
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