Nirani Sugars, one of India’s largest privately-held sugar company, has signed a memorandum of understanding (MoU) with the Government of Karnataka to establish a polylactic acid (PLA) manufacturing facility in Bagalkot. The project, with a proposed investment of around ₹2,000 crore, is set to be developed over the next 3 to 5 years, generating 600–800 direct jobs in the region.
The Government of Karnataka said it will facilitate Nirani Sugars in obtaining the necessary approvals, permissions and incentives as per prevailing policies, ensuring a time-bound execution of the project.
PLA, a biodegradable and sustainable polymer derived from renewable resources, is a crucial step toward eco-friendly alternatives in packaging, textiles, and various industrial applications. Key applications include 3D printing for filaments, packaging for compostable containers and wraps, and medical uses like sutures and implants. It is also used in disposable tableware, agricultural mulch films, eco-friendly textiles, automotive interiors and biodegradable electronic casings.
With this investment, Karnataka will become a leading State to venture into this promising. By leveraging its strengths in innovation, agricultural resources, and sustainability, Karnataka can address critical challenges such as plastic waste management, resource scarcity, and the increasing demand for environmentally responsible alternatives.
Greener future
Vishal Nirani, Director, Nirani Sugars, said, “We are excited to partner with the Government of Karnataka to bring cutting-edge PLA manufacturing to Bagalkot, reinforcing the state’s position as a leader in sustainable industrial growth. This project is not just an investment in manufacturing but a commitment to Karnataka’s vision for a greener and more self-reliant future.”
He added that while plastics have long been valued for their versatility and durability, they now pose severe environmental challenges, including marine pollution, land degradation, and the long-term accumulation of non-biodegradable waste. Despite advancements in waste management technologies, an effective and sustainable solution to the plastic waste crisis remains elusive.
“Karnataka, with its strong industrial ecosystem and progressive policies, is the ideal destination to spearhead this transformation. By producing biodegradable and renewable alternatives here, we aim to contribute to India’s green economy while generating employment and economic opportunities for the people of Karnataka. The potential of bio-based plastics to replace conventional plastics and mitigate environmental degradation makes them a cornerstone of the transition toward a sustainable, circular economy – one Karnataka will also lead.”
Nirani Sugars operates nine advanced sugar units across Karnataka, Maharashtra, and Bihar. Its product portfolio includes premium sugar varieties and by-products that support the agriculture and energy sectors. Looking ahead, Nirani Sugars plans to expand into high-value products and by-products through forward integration.
Source: thehindubusinessline.com
