From The Economic Times · Prashant Mukherjee · · 40s
Praj Industries Shifts to Data Centres
Praj Industries bets on data centres and semiconductors after ethanol slowdown.
In brief
Praj Industries bets on data centres and semiconductors after ethanol slowdown. Praj Industries diversifies from ethanol into data centres and semiconductors amid domestic demand challenges. Originally reported by The Economic Times.
Ethanol Business Slows
Praj Industries faces domestic demand constraints in ethanol.
Diversifying Strategy
Praj targets hyperscale data centres and semiconductors for growth.
Project Delays
Funding issues delay existing ethanol projects.
New Deal
Praj secures $50m data centre infrastructure deal over 2.5 years.
Future Focus
Praj aims to enter global engineering market through data centres.
In short
Praj Industries diversifies from ethanol into data centres and semiconductors amid domestic demand challenges.
