Richore India to be Rs 50 cr company by 2007 - Sunday Pioneer
19 Feb 2006
Richore India to be Rs 50 cr company by 2007 Publication:Sunday Pioneer, Edition: Delhi, Journalist: Rakesh
Bihari Jha, Page No: 6, Location: Midle-Left, Columns: 1, Height(cms): 7
Richore India to be Rs 50 cr company by 2007
Rakesh Bihari Jha
New Delhi
BANGALORE-BASED bio-pharmaceutical companyRichoreIndia, which
basically deals in industrial enzymes, is soon going to be a Rs 50-crore
company."There is immense scope of development in theenzyme market in India. Industrial enzymes can be applied in
diverseindustries like
sugar, fertilizer, textiles, leather and many more and wewill be a Rs 50 crore company by 2007 in view of the emerging
opportunities in the use of microbial cultures, enzymes and active
bio-systems," said Richore India's founder
and CEO SubramaniRamchandappa. The company has developed
several enzyme formulations which are being used in production of beer and
animal food and it would soon enter stem cell research.
