Agro biological company IPL Biologicals on Wednesday said it has inked a pact with the Gujarat government to set up a facility with an investment of Rs 400 crore.
The company signed a memorandum of understanding with the state government agency, Gujarat State Biotechnology Mission, in the presence of Chief Minister Bhupendra Patel.
It seeks to set up “a state-of-the-art biofertilisers, bio pesticides, biofungicide, microbial growth promoter facility in the region,” the company said in a statement.