Praj Industries is ranked 2nd in a list of world's 50 Hottest companies in global bioeconomy for 2021 in Low Carbon Fuels and Renewable Chemicals category by US-based Biofuels Digest. The list represents companies that have made outstanding contribution to bioeconomy by developing and deploying sustainable decarbonization solutions using innovative technologies that help preserve environment.

Moreover, Praj has also secured 3rd ranking in the newly introduced Biodesign & Engineering category that recognizes hottest companies for their capabilities in innovations and services in commercial-scale operations and products.

This is the first time any Indian company has broken into the top bracket of the industrial biotechnology sector globally. Praj Industries tops the list that includes fortune 500 companies and global majors.

"It's the highest ranking ever achieved by a company out of Asia, and the highest ever for an engineering services company. This year, the invited international selectors and subscribers agreed that Praj Industries has become a world-leader in the transition to renewable fuels and biobased chemicals. Voters have taken note of the company's great record of achievement in first-generation fuels, now complemented by breakthrough second-generation technologies that have led to partnerships for progress all around the globe. We've seen for several years a decisive shift towards renewables all across India and Praj is in the front of that movement," Jim Lane, Editor and Publisher, Biofuels Digest, said.

Talking about this landmark achievement, Dr. Pramod Chaudhari, Founder Chairman, Praj said, "We are very proud of 2nd ranking in the Low Carbon Fuels and Renewable Chemicals category that manifests Praj's market positioning as a global leader in industrial biotechnology. This stature is only reinforced by 3rd ranking in the Biodesign & Engineering category, a definitive endorsement of Praj's capabilities across the value chain. I wish to acknowledge unfailing support of our customers across the world, partners, investors and employees. I see this as recognition of Praj's vision of offering environment friendly and sustainable solutions to make the world a better place. With this honor comes a greater expectations from stakeholders and team Praj is well geared to come good on the promise."

In its journey of four decades, Praj has established in excess of 750 customer references in over 75 countries across 5 continents. Through its Bio-Mobility™ platform of low carbon gaseous and liquid biofuels, Praj is helping reconfigure transportation fuel landscape across all modes of mobility namely Road, Air and Marine. It may be recalled that with the launch of Bio-Prism™ portfolio of technology solutions, Company recently forayed in global Renewable Chemicals and Materials industry.

Recently, Dr. Chaudhari was bestowed with prestigious George Washington Carver Award 2020 for his outstanding contribution in the Industrial Biotechnology sector worldwide.